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STRIDES PHARMA SCIENCE LTD.

03 December 2024 | 03:58

Industry >> Pharmaceuticals

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ISIN No INE939A01011 BSE Code / NSE Code 532531 / STAR Book Value (Rs.) 230.66 Face Value 10.00
Bookclosure 09/09/2024 52Week High 1675 EPS 0.00 P/E 0.00
Market Cap. 14708.71 Cr. 52Week Low 482 P/BV / Div Yield (%) 6.92 / 0.16 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
2002

-Board approves for the allotment of 210,955 shares of the company at Rs.10 each to the share holders of Bombay Drugs & Pharmas Ltd.

-Zenith Pharmaceuticals Ltd acquires 71% shares through preferential issue route.

-Board approves for the proposal of restructuring its Cram division by hiving off into two separate company under the provisions of the companies act.

-Incorporates 'Strides Africa Ltd' at British Virgin Island with an authorised capital of US $ 200,000 as 100% wholly owned subsidiary.

-Board decides to change the name of the company to 'Strides Arcolab (FA)' to reflect the change in the business focus and operations.

2003

-Nominates Mr Francis Pinto as the Director on the Board of the company.

-Forges an exclusive co-operation alliance with the South Africa based drug manufacturer Aspen Pharmacare, mainly to share the product development expertise and quality systems.

-Concludes the strategic development and manufacturing agreement with Sorm Co. Ltd for long term supply of Generics, OTC and Nutraceutical products.

-Changes in the Management: Appoints Mr V Hariharan as CFO, Mr Joe Thomas as President, and Mr Krishna Kumar Menon as COO.

-Board approves for the reorganization of subsidiaries of the company and for write off of dimunition in value of investments made in subsidiaries by the company.

-Strides inks MoU with Ribbon SRL for Cephalosporin

2004

-Major Fire occurs in Private Custom Bonded warehouse in Mexico

-Strides Arcolab Limited has entered into a memorandum of understanding with BITS, Pilani for an ``off campus collaborative programme'. As part of the partnership, Strides has launched a new initiative called STEP (Strides Training and Education Plan) intend to offer their employees an opportunity to acquire a MS in Pharma Operations & Management while on the job.

2005

- Enters into an agreement with Mayne Pharma Business Unit of Australia based Mayne Group Ltd, to develop and manufacture a range of six anti-infective products that Mayne will market and distribute in the US and European markets.

-Strides Arcolab enters into an agreement for private placement issue

- Strides Arcolab signs License Agreement with KV Pharma for exclusive marketing rights in the United States and Canada for 10 new generic drugs

-Strides acquires sterile manufacturing facility in Poland

2007

- Strides Arcolab has got tentative permission from the United States Food and Drug Administration (USFDA) for Efavirenz tablets, an anti-HIV drug. Efavirenz, is the generic version of Bristol Myers Squibb's Sustiva, which helps in preventing the HIV virus from reproduction. - Strides Arcolab receives 2 more NDA approvals from US-FDA.

2008

- Strides Arcolab Ltd on March 19, 2008 announced its third ANDA approval for Fosphenytoin Injection 50mg/mL in 2 ml and 10 ml vials.

2010

- Strides Arcolab Ltd has informed that Mr. V. S. Iyer has been appointed as an Executive Director of the Company.

2011

-Strides Arcolab Receives US FDA NOD To Commercialize First Sterlite

-Strides announces First European Approval for Oncology Product

-Strides Arcolab receives US FDA Nod to Commercialize First Liquid

-StridesArcoL Update on acquisition of outstanding minority shareholding in Ascent Pharmahealth Limited

-Strides Arcolab joins the Malaysian Bio-xcell Ecosystem

2012

-Strides Arcolab Announces US FDA approval for its 'Brazilian Sterile

-Strides Arcolab receives US FDA approval for Methotrexate Injection

-Strides Arcolab Announces Health Canada Approval For Tobramycin Injection

-Strides Arcolab acquires Sterile Formulations facility to expand core injectable biz

-Strides collaborates with Gilead Sciences

2013 -Strides Arcolab receives ANDA approval from USFDA for Tenofovir Disoproxil Fumarate and Emtricitabine Tablet. - Strides Arcolab announces US FDA approval for its Italian Semi-solids and Oinment facility. - Strides announces WHO pre-qualification for Artemether + Lumifantrine . -StelisBiopharma and Pieris Forge Alliance for Novel Anticalin Therapeutics in Ophthalmology. -Strides Arcolab - Re-branding Biotech Business as 'Stelis'. -Strides Arcolab - Pfenex Inc. and Agila Biotech Private Ltd Announce Joint Venture to Develop Biosimilar Products for the Global Market.

2014 -- Medicines for Malaria Venture announces collaborations with Cipla and Strides. -Strides Arcolab makes strategic investment in Oncobiologics Inc., USA. - Strides partners with Gilead Sciences Inc, to bring Hepatitis C cure to 91 developing countries. -Strides Arcolab receives US FDA approval for Buspirone Tablets. -Strides Arcolab receives US FDA approval for Calcitriol Softgel. -Strides Arcolab acquires 'Raricap' and India Branded Generic Business of Bafna. -Strides Arcolab to acquire Shasun Pharma in all stock deal.

2015 -Strides Arcolab Ltd. has entered into an agreement with Fortuna Public Relations Pvt. Ltd., Delhi appointing them as Company's Public Relations Agenc -Strides Arcolab Ltd that it has entered into a licensing agreement with Gilead Sciences Inc, -Strides Arcolab Ltd has launched the generic drug Sofosbuvir in India "Virso" -Strides Arcolab gets USFDA nod for Polyethylene Glycol 3350 -Strides Arcolab gets USFDA nod for HIV treatment drug -Strides Arcolab Ltd has approved the merger of Shasun Pharmaceuticals Ltd with the company. -Strides Arcolab has completed the Rs 1,910-crore acquisition of Aspen Pharmacare, Australia. -Strides Arcolab acquires CNS divisions of erstwhile Ranbaxy -Strides Arcolab Ltd has changed from its present name "Strides Arcolab Limited" to "Strides Shasun Limited"

2016 -Strides Shasun updates on "Acquisition of seven brands from Johnson & Johnson". -Strides Shasun update on "Acquisition of CNS divisions of erstwhile Ranbaxy". -"Strides Shasun to acquire a strategic stake in Generic Partners Holdings, Australia". -"Strides Shasun to acquire controlling stake in Universal Corporation, Kenya". -"Strides Shasun receives USFDA Tentative Approval for Efavirenz Tablet". - "Strides Shasun announces successful completion of US FDA inspection at its Oral Dosage Facility in Bangalore".

2017 -Strides Shasun bags approval for Acetazolamide tablets. -Strides bags approval for Omega-3-Acid Ethyl Esters capsules. -Strides Shasun gets USFDA nod to launch allergy drug in US. -Strides Shasun completes JV pact with Vivimed Labs.

2018 -Company name has changed to Strides Pharma Science Ltd. from Strides Shasun Ltd. -Strides gets USFDA nod for Polyethylene Glycol 3350 and Electrolytes for oral solution. -Strides' subsidiary inks pact with SUDA Pharmaceuticals for migraine drug. - Strides gets USFDA nod for Potassium Chloride Extended Release Tab.

2019 -Strides Pharma relaunches Ranitidine tablets in US. -Strides Pharma Science arm gets USFDA nod for drug to treat overactive bladder. -Strides Pharma acquires USFDA approved facility in the US. -Strides inks joint venture pact with China's Sihuan Pharma.

2020 -Strides Pharma Science gets USFDA nod for Prednisone tablets. -Strides Pharma Science gets USFDA nod for generic anti-bacterial capsules. -Strides arm receives EIR for its US facility.

2021 -Stelis Biopharma commissions its greenfield vaccine manufacturing facility at Bengaluru. -Strides, TLC partner to launch black fungus drug in India. -Strides Pharma arm receives USFDA nod for potassium chloride oral solution. -Strides receives USFDA approval for Emtricitabine and Tenofovir Disoproxil Fumarate Tablets.

2022 -Strides receives USFDA approval for Potassium Chloride Oral Solution. -Strides receives USFDA approval for Naproxen Sodium OTC Softgel Capsules. -Strides receives USFDA approval for Cyclosporine Softgel Capsules -Strides receives USFDA approval for Ibuprofen Oral Suspension. -Strides partners with Medicines Patent Pool (MPP) to commercialize the generic version of Pfizer's COVID-19 Oral Treatment across 95 markets.

2023 -Strides receives USFDA approval for Generic Suprepr Bowel Prep Kit. -Strides receives USFDA approval for Levetiracetam Oral Solution. -Strides receives USFDA approval for Efavirenz, Emtricitabine & Tenofovir Disoproxil Fumurate tablets. -Strides receives USFDA approval for Icosapent Ethyl Capsules. -Strides receives tentative USFDA approval for Dolutegravir tablets.