As Drug Shortages Plague The U.S., Could India’s Strides Be Looking To Sell?
This article was originally published in The Pink Sheet Daily
Executive Summary
Aided by an acute drug shortage in the U.S., Agila, the injectables business of Strides, has grown rapidly, sparking speculation of a buyout from a global bidder. PharmAsia News takes a closer look.
You may also be interested in...
Drug Shortages Mostly FDA’s Fault, House Oversight Committee Concludes
Report says aggressive enforcement in recent years has forced capacity offline, which led to shortages.
Pfizer, Strides Arcolab Join Forces To Manufacture And Market Oncology Injectables In U.S.
MUMBAI - After partnering with Aurobindo Pharma and Claris to source more than 100 oral and injectable generic drugs last year, Pfizer continues its shopping spree in India as it sealed yet another sourcing deal, this time with Bangalore-based Strides Arcolab
Indian Investors Turn Cautious On Compliance Concerns
A rising number of enforcement actions by major drug regulators like the U.S. FDA is slowly making investors cautious about the longer term repercussions on earnings of Indian drug makers.