Strides receives USFDA nod to manufacture constipation drug at its Bangalore plant

New Delhi: Strides Shasun Thursday said it has received an approval from the US health regulator for Polyethylene Elycol 3350 used for treating constipation.


In a BSE filing, Strides Shasun said: "It has received approval from the US Food and Drug Administration (USFDA) for Polyethylene Glycol 3350, powder for solution 17 grams/capful and 17 grams/packet (OTC)".

The company said it will manufacture the product at its Bangalore plant and launch the product in the fourth quarter of this fiscal.

Quoting IMS sales data, Strides Shasun said the US market for Polyethylene Glycol 3350, powder for solution is around $260 million.

Strides Shasun's shares were trading 0.88 percent higher at Rs 973.50 apiece on BSE.

Updated Date: Aug 25, 2016 12:58 PM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See