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Strides Shasun’s arm enters into 10-year supply partnership with Pharmacy Alliance

16 May 2016 Evaluate

Arrow Pharmaceuticals (Arrow), a wholly owned subsidiary of Strides Shasun has entered into a 10-year supply partnership and trading platform with Pharmacy Alliance, Australia's longest standing co-operative buying groups. The new Agreement also includes investment by Arrow in Pharmacy Alliance's plans for growth and retail innovation. The supply Agreement is an extension to the existing supply arrangement previously in place between Pharmacy Alliance and Aspen, before the Aspen Generics & Chemists' business was acquired by Arrow in September 2015. The Agreement is reflective of Arrow's current position as the largest generic supplier to Pharmacy Alliance members and the value that Pharmacy Alliance represents to Arrow.

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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