Strides ‘Ver. 2’ Aims To Pack Punch For Premium Value
This article was originally published in PharmAsia News
Executive Summary
Bangalore-based Strides Arcolab is arguably a restless company. Industry and investment bankers know it as a hyperactive deal maker, either buying companies cheap or selling off units at high premiums. Even as the firm is in the process of rebuilding into what it calls Version 2, founder and CEO Arun Kumar is keeping his options open on doing what he is best known for – buying and selling to create shareholder value.
You may also be interested in...
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.
Lee Takes India Compulsory License Fight To Saxagliptin
In a bold move, little known Indian drug firm Lee Pharma has applied for a compulsory license for saxagliptin in India, contending that AstraZeneca sells the diabetes drug at an exorbitant local price and that it is not being made sufficiently available. Lee also says that the originator has not responded to calls to collaborate.
Could Indian heart stent study findings lead to price cuts?
India’s top regulatory agencies are weighing up the findings from a study it had commissioned that looks at the clinical benefits of heart stents, with the possible aim of using the results to back the use of cheaper, locally-produced devices.