Epic Research

Tuesday, January 15, 2013

Epic Update : Strides Arcolab

Strides Arcolab, a supplier of cancer-fighting drugs to Pfizer Inc, has been considering selling its injectable medicines unit since August, 2012. Meanwhile, Agila uptill now has also drawn interest from Canonsburg, Pennsylvania-based Mylan Inc., Swiss drugmaker Novartis AG (NOVN), and Fresenius SE, which is based in Bad Homburg, Germany. Basically, Agila’s relative success in winning approvals for new products and the scarcity of facilities that manufacture injectable medicines made it an attractive target for drug makers.

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