Strides Shasun Ltd on Friday said its subsidiary Strides Pharma Asia Pte Ltd has entered into an agreement to acquire controlling stake in South Africa’s Trinity Pharma Proprietary Ltd. Strides Pharma Asia Pte will buy...
Eris Lifesciences buys Strides Shasun’s domestic business in Rs 500 cr deal
Ahmedabad-based Eris Lifesciences has acquired the domestic formulations business of Strides Shasun in a Rs 500-crore deal, marking its foray into the fast-growing central nervous system (CNS) segment. This is Eris...
Strides Shasun arm acquires Australian operations of Amneal Pharma
Drug firm Strides Shasun on Thursday said its arm Arrow Pharmaceuticals has acquired Australian operations of Amneal Pharmaceuticals for a total consideration of Australian dollar (AUD) 17 million (over Rs85 crore). The...
Strides Shasun promoters raise Rs500 crore from KKR
The promoters of Bengaluru-based pharmaceuticals company Strides Shasun Ltd (formerly Strides Arcolab) have raised Rs500 crore from global private equity fund KKR & Co., according to two people aware of the...
Strides Shasun inks JV pact with Vivimed Labs
Drug firm Strides Shasun today said it has inked a pact with Vivimed Labs to set up two joint venture firms. The first JV — a 50:50 joint venture company in India will own a USFDA approved formulation facility in...
Strides Shasun completes acquisition of Generic Partners
NEW DELHI: Drug firm Strides Shasun today said it has completed the acquisition of a controlling stake in Australia-based Generic Partners Holdings. “We refer to our press release dated February 08, 2016 on...
Strides-Shasun Combining to Accelerate Strategy and Growth
On 29th September 2014 Board of Directors of Strides Arcolab Limited (‘Strides’) and Shasun Pharmaceuticals Limited (‘Shasun’) announced that both companies have approved Scheme of Amalgamation between the two companies...
Strides Shasun gets CCI nod to buy 7 brands of Johnson and Johnson.
Pharma Company Strides Shasun today got competition watchdog CCI’s approval to acquire seven brands from consumer healthcare firm Johnson and Johnson. Through the deal, Strides will buy Johnson and Johnson’s...
Strides Shasun gets CCI nod to buy Sun Pharma’s two divisions
NEW DELHI: Strides Shasun today got CCI’s approval to acquire Sun Pharmaceutical’s two business divisions in India for Rs 165 crore. In September last year, Sun Pharma and Strides signed an agreement related...
Shasun Pharmaceuticals And Strides Arcolab Ltd Merge
Shasun Pharmaceuticals has got the approval from Madras High Court for Scheme of Amalgamation with Strides Arcolab Ltd. The Competition Commission of India (CCI) has issued its approval for the proposed merger of drug...
Eris Lifesciences on Acquisition Spree to expand its branded formulations portfolio
Recently, Eris Lifesciences Limited announced the acquisition of the ‘branded Formulation Business’ of Biocon Biologics Limited pertaining to the Indian territory through slump sale. In addition, ELL also announced a...
Eris Lifesciences acquires Biocon Biologics’ nephro, derma units for Rs 366 crore
Eris Lifesciences said it has entered into a definitive agreement to acquire Biocon Biologics’ dermatology and nephrology branded formulations business units in India for Rs 366 crore. Eris said the acquisition...