Announced
Financials
Tags
Switzerland
pharmaceutical company
Pharmaceuticals
Acquisition
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Strides Pharma Science, a pharmaceutical company headquartered in Bangalore, India, agreed to acquire a 70% stake in Fairmed Healthcare, a pharmaceutical company in Zug, Switzerland. Financial terms were not disclosed. “Strides Pharma adds some key factors that are crucial toward opening up new markets. We will also significantly extend our generics portfolio of prescription and OTC drugs in Germany, the major country in the European pharmaceutical market," Oren Weininger, owner and CEO of Fairmed Healthcare.
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