Indian drugmaker Strides Pharma Science (NSE: STAR) says its step-down subsidiary, Strides Pharma (SPI), has received a positive Establishment Inspection Report (EIR) from the US Food and Drug Administration for its facility in Riviera Beach, Florida, USA.
The EIR was issued as an outcome of the US FDA’s inspection of the facility in December 2019. This facility is one of the very few manufacturing facilities in the USA with a soft gel capsule (SGC) manufacturing suite for formulations with containment needs.
Strides says it is one of the global leaders in Rx SGC with a vast portfolio of approved SGCs in the USA and other regulated markets. The inspection outcome will bolster the company’s fast-growing SGC franchise in the USA and will also help accelerate our foray into the private label opportunity with “in market for market” products.
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