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Strides Shasun Ltd. Company History and Annual Growth Details

2002

-Board approves for the allotment of 210,955 shares of the company at Rs.10 each to the share holders of Bombay Drugs & Pharmas Ltd.

-Zenith Pharmaceuticals Ltd acquires 71% shares through preferential issue route.

-Board approves for the proposal of restructuring its Cram division by hiving off into two separate company under the provisions of the companies act.

-Incorporates 'Strides Africa Ltd' at British Virgin Island with an authorised capital of US $ 200,000 as 100% wholly owned subsidiary.

-Board decides to change the name of the company to 'Strides Arcolab (FA)' to reflect the change in the business focus and operations.

2003

-Nominates Mr Francis Pinto as the Director on the Board of the company.

-Forges an exclusive co-operation alliance with the South Africa based drug manufacturer Aspen Pharmacare, mainly to share the product development expertise and quality systems.

-Concludes the strategic development and manufacturing agreement with Sorm Co. Ltd for long term supply of Generics, OTC and Nutraceutical products.

-Changes in the Management:
Appoints Mr V Hariharan as CFO, Mr Joe Thomas as President, and Mr Krishna Kumar Menon as COO.

-Board approves for the reorganization of subsidiaries of the company and for write off of dimunition in value of investments made in subsidiaries by the company.

-Strides inks MoU with Ribbon SRL for Cephalosporin

2004

-Major Fire occurs in Private Custom Bonded warehouse in Mexico

-Strides Arcolab Limited has entered into a memorandum of understanding with BITS, Pilani for an ``off campus collaborative programme''. As part of the partnership, Strides has launched a new initiative called STEP (Strides Training and Education Plan) intend to offer their employees an opportunity to acquire a MS in Pharma Operations & Management while on the job.

2005

- Enters into an agreement with Mayne Pharma Business Unit of Australia based Mayne Group Ltd, to develop and manufacture a range of six anti-infective products that Mayne will market and distribute in the US and European markets.

-Strides Arcolab enters into an agreement for private placement issue

- Strides Arcolab signs License Agreement with KV Pharma for exclusive marketing rights in the United States and Canada for 10 new generic drugs

-Strides acquires sterile manufacturing facility in Poland

2007

- Strides Arcolab has got tentative permission from the United States Food and Drug Administration (USFDA) for Efavirenz tablets, an anti-HIV drug. Efavirenz, is the generic version of Bristol Myers Squibb's Sustiva, which helps in preventing the HIV virus from reproduction.
- Strides Arcolab receives 2 more NDA approvals from US-FDA.

2008

- Strides Arcolab Ltd on March 19, 2008 announced its third ANDA approval for Fosphenytoin Injection 50mg/mL in 2 ml and 10 ml vials.

2010

- Strides Arcolab Ltd has informed that Mr. V. S. Iyer has been appointed as an Executive Director of the Company.

2011

-Strides Arcolab Receives US FDA NOD To Commercialize First Sterlite

-Strides announces First European Approval for Oncology Product

-Strides Arcolab receives US FDA Nod to Commercialize First Liquid

-StridesArcoL Update on acquisition of outstanding minority shareholding in Ascent Pharmahealth Limited

-Strides Arcolab joins the Malaysian Bio-xcell Ecosystem

2012

-Strides Arcolab Announces US FDA approval for its 'Brazilian Sterile

-Strides Arcolab receives US FDA approval for Methotrexate Injection

-Strides Arcolab Announces Health Canada Approval For Tobramycin Injection

-Strides Arcolab acquires Sterile Formulations facility to expand core injectable biz

-Strides collaborates with Gilead Sciences

2013
-Strides Arcolab receives ANDA approval from USFDA for Tenofovir Disoproxil Fumarate and Emtricitabine Tablet.
- Strides Arcolab announces US FDA approval for its Italian Semi-solids and Oinment facility.
- Strides announces WHO pre-qualification for Artemether + Lumifantrine .
-StelisBiopharma and Pieris Forge Alliance for Novel Anticalin Therapeutics in Ophthalmology.
-Strides Arcolab - Re-branding Biotech Business as ''Stelis''.
-Strides Arcolab - Pfenex Inc. and Agila Biotech Private Ltd Announce Joint Venture to Develop Biosimilar Products for the Global Market.

2014
-- Medicines for Malaria Venture announces collaborations with Cipla and Strides.
-Strides Arcolab makes strategic investment in Oncobiologics Inc., USA.
- Strides partners with Gilead Sciences Inc, to bring Hepatitis C cure to 91 developing countries.
-Strides Arcolab receives US FDA approval for Buspirone Tablets.
-Strides Arcolab receives US FDA approval for Calcitriol Softgel.
-Strides Arcolab acquires 'Raricap' and India Branded Generic Business of Bafna.
-Strides Arcolab to acquire Shasun Pharma in all stock deal.

2015
-Strides Arcolab Ltd. has entered into an agreement with Fortuna Public Relations Pvt. Ltd., Delhi appointing them as Company's Public Relations Agenc
-Strides Arcolab Ltd that it has entered into a licensing agreement with Gilead Sciences Inc,
-Strides Arcolab Ltd has launched the generic drug Sofosbuvir in India "Virso"
-Strides Arcolab gets USFDA nod for Polyethylene Glycol 3350
-Strides Arcolab gets USFDA nod for HIV treatment drug
-Strides Arcolab Ltd has approved the merger of Shasun Pharmaceuticals Ltd with the company.
-Strides Arcolab has completed the Rs 1,910-crore acquisition of Aspen Pharmacare, Australia.
-Strides Arcolab acquires CNS divisions of erstwhile Ranbaxy
-Strides Arcolab Ltd has changed from its present name "Strides Arcolab Limited" to "Strides Shasun Limited"

2016
-Strides Shasun updates on "Acquisition of seven brands from Johnson & Johnson".
-Strides Shasun update on "Acquisition of CNS divisions of erstwhile Ranbaxy".
-"Strides Shasun to acquire a strategic stake in Generic Partners Holdings, Australia".
-"Strides Shasun to acquire controlling stake in Universal Corporation, Kenya".
-"Strides Shasun receives USFDA Tentative Approval for Efavirenz Tablet".
- "Strides Shasun announces successful completion of US FDA inspection at its Oral Dosage Facility in Bangalore".

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