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Strides And Orbicular Agree Alliance To Develop Nasal Sprays

Targeting Four Products Worth $400m In Markets Including Europe And US

 
• By Dave Wallace

Strides has agreed to partner with Orbicular to develop four nasal sprays targeting a combined market worth more than $400m for markets including Europe and the US.

Nasal sprays on green background
Strides and Orbicular have struck a deal to develop nasal sprays • Source: Shutterstock

Strides Pharma Science has struck a deal with fellow Indian firm Orbicular Pharmaceutical Technologies Private Limited to develop, manufacture and sell four nasal sprays for global markets. Citing IQVIA data, Strides said the four undisclosed nasal sprays had a combined market size “in excess of $400m.”

The strategic partnership will see the pair “leverage Orbicular’s advanced development capabilities with Strides’ US Food and Drug Administration approved manufacturing site for nasal sprays at Chestnut Ridge, New York,” with Strides ultimately planning to launch the products globally through its

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