Strides Pharma Science’s wholly-owned subsidiary -- Arco Lab has acquired additional stake in Neviton Softech, an Associate Company of Strides Group. With the said acquisition, Arco Lab holds 50% stake in Neviton.
With the investment, Neviton Softech and Arco lab synergize their strengths and enables Arco lab to offer better knowledge-based and IT services ensuring higher scale, scope and significant cash savings and enable better internal group wise digitization process. Accordingly, Neviton’s acquisition is complementary to Arco Lab’s business objectives.
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.
