Strides Pharma Science has received approval for acquisition of 100% shareholding in Strides Pharma Services (SPSPL). SPSPL is currently a wholly owned subsidiary (WOS) of Arco Lab, a WOS of the company. Post the said acquisition, SPSPL shall be a direct WOS of the company. The Board of Directors of the company at their meeting held on September 7, 2023, has approved the same.
Strides Pharma Science (Formerly Strides Shasun) is a pharmaceutical company with a major focus on development and manufacture of IP-led niche finished dosage formulations. It is also among the world’s largest manufacturers of soft gelatin capsules.
