According to IMS data, the US market for generic Methoxsalen Capsule is approximately $13.6 million, with no generic player, the company said in a release.
The product will be manufactures at its USFDA approved oral dosage facility at Bangalore and marketed directly by Strides in the US market, the release said.
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The stock opened at Rs 553 and touched a high of Rs 605 so far. Over 1.3 million shares were traded on both the stock exchanges so far.
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