Strides Arcolab

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Tuesday saw drug maker Strides Arcolab confirming that it is mulling to acquire a minority stake in Ascent Pharmahealth, listed on the Australian Stock Exchange, for which it is also in talks with the company.

It should be noted that 57 pct of stakes are already held by Bangalore-based Strides Arcolab in Ascent Pharmahealth Ltd. (APH).

In a statement given to the Bombay Stock Exchange, the company said that it is in talks with Ascent Pharmahealth related to a potential take over of the Australian company.

Strides Arcolab Ltd has informed the market that they have launched on Retail basis of Starflu (Oseltamivir) for the treatment of ‘Influenza – A (H1N1).This will be now available in all registered pharma shops.This has given some hike in stock prize , this is second company to come out with retail launch of swine flu [...]

Strides Arcolab launches Starflu – Swine Flu Cure is a post from: First Blog for Indian Financial Market

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