Strides Shasun has signed definitive agreements with Vivimed Labs to set up two joint venture companies. The 50:50 joint venture company (JVC) in India will own the USFDA approved formulation facility in Alathur, Chennai and the equal JVC in Singapore through Strides Pharma Global Pte, Singapore will own certain approved ANDAs and product pipeline.
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 semi-solids.
