Strides Arcolab Limited becomes Strides Shasun Limited
November 19, 2015India-headquartered pharmaceutical company, Strides Arcolab Limited has change its name to Strides Shasun Limited.
The company announced on Thursday that the name change is effective as of November 18, 2015.
Strides in May announced that it had made an agreement to acquire a generic pharmaceutical business in Australia and related assets from Aspen.
The company in August announced that the transaction had been completed and that the business was announced to be integrated and consolidated with Strides effective September 1, 2015.
We reached to the company asking whether it would make any logo design changes. We are yet to receive an answer.
Headquartered in India, Strides Shasun is a pharmaceutical company with a key focus on development and manufacture of IP-led niche generics and bio-pharmaceuticals.
It is also among the world’s largest manufacturers of specialty soft gelatin capsules.