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Strides Shasun concludes acquisition of 3 brands from Moberg Pharma

05 Apr 2016 Evaluate

Strides Shasun has concluded the transaction for acquisition of 3 brands from Moberg Pharma. Earlier in March, the company’s wholly owned subsidiary Strides Pharma Inc. had entered into an agreement with Moberg Pharma, Sweden and its affiliates to acquire Jointflex, Fergon, and Vanquish brands for a consideration of $10 million plus inventory value at closing.

Strides Shasun (formerly known as Strides Arcolab) is engaged in manufacturing, sale and export of pharmaceutical products. It offers general tablets, hard gelatin and soft gelatin capsules, sachets, potent drugs and and semi-solids.

Strides Pharma Scien Share Price

1068.05 -2.85 (-0.27%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1619.95
Dr. Reddys Lab 1315.85
Cipla 1294.75
Zydus Lifesciences 927.15
Lupin 2296.10
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