IHS Chemical Week

Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

Strides Arcolab to Acquire Italian Bio Plant

7:01 AM MDT | August 6, 2007 | DR

Strides Arcolab (Bangalore, India), a pharmaceutical company, says it will acquire a U.S. FDA-approved, bio-fermentation facility from Diaspa (Corana, Italy). A specially created company that will be incorporated in Italy and owned by Strides Arcolab International, a Strides Arcolab subsidiary, will acquire the facility, located near Milan. Further details of the transaction were not disclosed. The deal awaits regulatory approval, Strides Arcolab says. Strides Arcolab, which manufactures branded and generic finished pharmaceutical dosage forms including ethical...

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