- Business
- Strides Pharma Science Limited, headquartered in Bengaluru, India and founded in 1990, develops and manufactures a broad portfolio of pharmaceutical products including niche generic formulations, soft gelatin capsules, hard gelatin capsules, tablets, ointments, dry and wet injectables, over-the-counter drugs and nutraceuticals; it specializes in IP-led finished dosage forms across therapeutic categories such as anti-emetics, cardiovascular, dermatology, anti-infectives and opioids for regulated markets including the United States, Europe, Australia and emerging markets. The company operates manufacturing facilities across four continents with eight sites in India, facilities in the United States, Italy and Kenya, and maintains marketing presence in over 100 countries through partnerships with generic firms for retail and hospital supply of injectables and softgels. Subsidiaries include Strides Pharma Inc. in the USA, Beltapharm S.r.l. in Italy and Universal Corporation Limited in Kenya. In April 2025, Strides acquired four approved Abbreviated New Drug Applications (ANDAs) from Nostrum Laboratories for the US market valued at approximately USD 57 million for USD 2.075 million, planning launches of two commercial products within 12 months; recent financials reflect Q2 FY2026 revenue growth of 4.6% year-over-year, EBITDA up 25.4% and operational PAT up 84%, targeting USD 400 million US revenue by FY2028.