Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
11 December, 2017 11:40 IST
Strides Shasun to set up 2 JV Cos with Vivimed Labs
Source: IRIS | 19 May, 2017, 08.31AM
Comments  |  Post Comment

Strides Shasun has signed definitive agreements with Vivimed Labs to set up two joint venture companies.

The 50:50 joint venture company (JVC) in India will own the USFDA approved formulation facility in Alathur, Chennai and the equal JVC in Singapore through Strides Pharma Global Pte, Singapore will own certain approved ANDAs and product pipeline.

Total volume of shares traded on the bourses today was higher by 221.44% to 648,839 compared with 22-day average volume of 201,854.

Shares of the company declined Rs 29.85, or 2.83%, to settle at  Rs 1,025.90.  The total volume of shares traded  was  51,302 at the BSE (Thursday).



Strides Shasun Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Suven Life Sciences secures Product Patents in India and USA - 11-Dec-2017 11:08
Alembic Pharma's associate company gets Fast Track Designation for RP6530 from USFDA - 11-Dec-2017 11:05
IL&FS Engineering bags Pipeline Laying contract worth Rs 2.15 bn - 11-Dec-2017 10:33
Raminfo bags contract from Rajcom Info Services - 11-Dec-2017 10:25
Glenmark Pharma starts trial of investigational immuno-oncology agent GBR 1342 - 08-Dec-2017 10:45
TVS Motor acquires 14.78% stake in Ultraviolette Automotive - 08-Dec-2017 10:18
Emami to acquire 30% stake in Helios Lifestyle - 08-Dec-2017 10:04
Cyient enters into global alliance with EA Tech - 07-Dec-2017 15:35
SSWL expects 11% growth in order book in Q4FY18 - 07-Dec-2017 11:57
Tata Motors reports JLR sales at 52,332 units in Nov'17 - 07-Dec-2017 11:53
Larsen & Tubro bags order worth over Rs 16 bn - 07-Dec-2017 09:47
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer