Strides Arcolab’s manufacturing unit located at Cuddalore in the State of Tamil Nadu, had temporarily suspended operations for two days on 1st and 2nd December 2015 and had limited operations from 3rd December 15 to 5th December 15 due to flooding caused by incessant rains in the plant area. Actual losses will be assessed once the natural calamity passes by, and the plant is back to fully operational mode. The facilities are adequately covered by insurance.
Strides Arcolab is a global pharmaceutical company headquartered in Bangalore, India that develops and manufactures wide range of IP-lead niche pharmaceutical products with an emphasis on sterile injectables.
