Strides Shasun to acquire Perrigo API India for Rs 100 crore

Strides Shasun to acquire Perrigo API India for Rs 100 crore  Bengaluru based Strides Shasun Ltd has announced to acquire the US-based Perrigo’s APIs manufacturing facility in Ambernath, Maharashtra for Rs 100 crore.  Strides Shasun will use this plant for captive consumption and will augment the company’s resources to handle high velocity of new product development and commercial

launches in the formulation portfolio.  With this acquisition, both the companies joined together to handle multipurpose small batch productions and accelerates our time to market.