Anti- malarial Artemether and Lumifantrine (AL) tablets constitutes over 80% of artemesinin combination therapy (ACT) procured under Global Fund and other similar programmes, the company said in a statement.
Commenting on the development, Strides Arcolab Pharma CEO Manish Gupta said: "This approval is another initiative by Strides to make high quality, affordable medicines available in the African sub-continent and other middle-income countries."
WHO prequalification of medicines is a service provided by WHO to assess the quality, safety and efficacy of medicinal products. In 2002 Artemether and Lumefantrine tablets were added to the WHO's Essential Medicines list.
The tablets compliments the company's basket of products in the anti-HIV/AIDS and anti-TB therapies for these markets, Gupta added.
The product will be manufactured at company's US Food and Drug Administration approved and WHO pre-qualified facility in Bengaluru, Strides Arcolab said.
Shares of Strides Arcolab were today trading at Rs 853 per scrip on BSE, up 0.18% from its previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)