Strides Pharma anti-inflammatory drug Prednisone gets USFDA nod

It is used in the treatment of different conditions such as allergic disorders, skin conditions, ulcerative colitis, arthritis, lupus, psoriasis, or breathing disorders.

Published On 2020-09-04 05:45 GMT   |   Update On 2020-09-04 05:45 GMT
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BengaluruStrides Pharma Science Limited has recently announced that its step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received approval for Prednisone Tablets USP, 1 mg from the United States Food & Drug Administration (USFDA).

The product is a generic version Meticorten® Tablets, 1 mg of Schering Corporation.

Prednisone belongs to a class of drugs known as corticosteroids and is used as an anti-inflammatory or an immunosuppressant medication.

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It is used in the treatment of different conditions such as allergic disorders, skin conditions, ulcerative colitis, arthritis, lupus, psoriasis, or breathing disorders.

The product will be manufactured at the company's flagship facility at Bengaluru and will be marketed by Strides Pharma Inc. in the US market.

According to IQVIA MAT July 2020 data, the US market for Prednisone Tablets USP, 1 mg is approximately US$ 12 Mn.

The company has 126 cumulative ANDA filings with USFDA of which 89 ANDAs have been approved and 37 are pending approval.

Read also: Strides Pharma gets USFDA nod to liver disease drug Ursodiol

Strides is a global pharmaceutical company headquartered in Bangalore, India. The Company mainly operates in the regulated markets and has an "in Africa for Africa" strategy along with an institutional business to service donor‐funded markets.

The Company's global manufacturing sites are located in India‐ Bangalore (two locations), Pondicherry, and Chennai, Singapore, Italy‐ Milan, Kenya‐ Nairobi and United States‐Florida.

Read also: Strides Pharma Puducherry facility clears UK MHRA inspection






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