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Strides Shasun, Vivimed Labs achieve closure to set up JV in India, Singapore

22 Jun 2017 Evaluate

Strides Shasun has achieved closure with Vivimed Labs to set up Joint Ventures (JV) in India and Singapore.

Earlier in May, the company had signed definitive agreements with Vivimed Labs to set up two JV companies. The 50:50 joint venture in India would own the USFDA approved formulation facility in Alathur, Chennai and the equal JV in Singapore through Strides Pharma Global Pte, Singapore would 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.


Strides Pharma Scien Share Price

995.90 -4.80 (-0.48%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1668.00
Dr. Reddys Lab 1232.25
Cipla 1228.90
Zydus Lifesciences 936.35
Lupin 2328.60
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