890.3500 7.10 (0.80%)
NSE Sep 05, 2025 15:31 PM
Volume: 196.3K
 

890.35
0.80%
Motilal Oswal
STR recently received final approval for the generic version of Sustiva (Efavirenz) 600mg tablet, which hasa market size of ~USD115m. The only other company having final approval for this product is Mylan - it had received final approval in February 2016 (with 180-day exclusivity post approval) and the product was launched on 1 February 2018. Final approval and subsequent launch by STR implies that the delay in launch by Mylan has forfeited its exclusivity. 4-5 other companies have also filed for this product. Considering the competitive dynamics (currently only a two-player market for the product), we expect STR to garner USD7-8m from this product on an annualized basis. In our view, this is an interesting opportunity, given the low base of US sales for STR.
Strides Pharma Scien.. has an average target of 1874.00 from 1 broker.
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