{"id":108496,"date":"2023-08-30T20:45:00","date_gmt":"2023-08-30T15:15:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108496"},"modified":"2023-08-30T19:28:18","modified_gmt":"2023-08-30T13:58:18","slug":"generic-mycophenolate-mofetil-oral-suspension-is-approved-by-the-usfda-by-the-strides-pharma-division","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/generic-mycophenolate-mofetil-oral-suspension-is-approved-by-the-usfda-by-the-strides-pharma-division\/","title":{"rendered":"Generic Mycophenolate Mofetil Oral Suspension is approved by the USFDA by the Strides Pharma division"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3084971405\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The generic drug Mycophenolate Mofetil for oral suspension, which is used in organ transplant patients to prevent rejection, has been approved by the US health agency, Strides Pharma Science Ltd. on Wednesday said.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1524733023\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The approval granted by the US Food &amp; Drug Administration (USFDA) is for Mycophenolate Mofetil for oral suspension of strength 200 mg\/ml, Strides Pharma Science said in a regulatory filing.<\/p><p>The product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), CellCept for oral suspension, 200 mg\/m; of Roche Palo Alto, LLC, it added.<\/p><p>The approval bolsters the company&#8217;s Mycophenolate Mofetil portfolio, which already includes numerous products, it added.<\/p><div class=\"trade-content_5\" id=\"trade-73982627\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The product will be manufactured at the company&#8217;s facility in Bengaluru, Strides said.<\/p><p>Mycophenolate Mofetil for oral suspension has a market size of USD 41 million, the company said citing IQVIA data.<\/p><p>According to the company filing, total consolidated revenue declined by 1.5% from Rs. 953.6 Cr in Q1 FY23 to Rs. 938.6 Cr in Q1 FY24. The company reported a net profit of Rs. 0.30 cr in Q1 FY24 against a loss of Rs.&nbsp; 163.4 Cr in Q1 FY23.<\/p><p>Currently, company shares trading at 0.60% up at 438.60, as per the latest shareholding information, Promoters hold 28.07%, Public holds 35.12%, FIIs hold 16.67% and DIIs hold 20.05% stake in this company.<\/p><p>The development and production of finished dosage formulations and generic pharmaceutical products are performed by Strides Pharma Science Ltd (Strides Pharma), formerly known as Strides Shasun Ltd. The business produces pills, topicals, oral liquids, powders, and capsules made of soft and firm gelatin.<\/p><div class=\"trade-after-content\" id=\"trade-3721629212\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The generic drug Mycophenolate Mofetil for oral suspension, which is used in organ transplant patients to prevent rejection, has been approved by the US health agency, Strides Pharma Science Ltd. on Wednesday said. The approval granted by the US Food &amp; Drug Administration (USFDA) is for Mycophenolate Mofetil for oral suspension of strength 200 mg\/ml, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-108496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Generic Mycophenolate Mofetil Oral Suspension is approved by the USFDA by the Strides Pharma division - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/generic-mycophenolate-mofetil-oral-suspension-is-approved-by-the-usfda-by-the-strides-pharma-division\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Generic Mycophenolate Mofetil Oral Suspension is approved by the USFDA by the Strides Pharma division\" \/>\n<meta property=\"og:description\" content=\"The generic drug Mycophenolate Mofetil for oral suspension, which is used in organ transplant patients to prevent rejection, has been approved by the US health agency, Strides Pharma Science Ltd. on Wednesday said. 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