Strides oral cancer drugplant gets European nod

Our Bureau Updated - March 12, 2018 at 11:54 AM.

Strides Arcolab Ltd said its tablets and capsules facility in its oncology medicine complex had received European regulatory approval.

It expected to take two products to Europe during the July-September third quarter this year.

The oral dosages facility is part of Onco Therapies Ltd, the cancer drugs arm under Strides subsidiary, Agila Specialities.

The facility, it said, was among a few European approved oral dosage oncology plants worldwide.

OTL's injectables facility is already approved by major regulatory agencies, enabling Strides to sell its products in many overseas markets.

Mr Venkat Iyer, CEO, Agila Specialties, said, “This further consolidates our global strategy of emerging as a leading provider of oncology drugs.”

In Europe, it has made 18 filings for oncology products that have potential local sales of $3.2 billion.

US approval

Strides said its antibacterial drug Polymyxin B injection had received US FDA approval.

The drug would be launched in the third quarter this year through its joint venture with US partner Sagent.

Published on July 1, 2011 17:09