Business Standard

Strides Pharma soars 12% after Co announces JV with Chinese firm

Strides Pharma Global Pte (Singapore) and Sun Moral International (Hong Kong), a wholly-owned subsidiary of Sihuan Pharmaceutical Holdings, have entered into a JV to form called Sihuan Strides.

Strides Pharma soars 11% after Co announces JV with Chinese firm
Premium

SI Reporter New Delhi
Shares of Strides Pharma Sciences jumped as much as 12.33 per cent to Rs 396 apiece on the BSE on Tuesday, after the company said its subsidiary in Singapore has formed a joint venture (JV) with Sihuan Pharmaceutical, a Chinese pharmaceutical company. 

Strides Pharma Global Pte (Singapore) and Sun Moral International (Hong Kong), a wholly-owned subsidiary of Sihuan Pharmaceutical Holdings Group Ltd (Sihuan), have entered into a JV to form called Sihuan Strides HK Ltd where the latter will hold 49 per cent stake, according to a BSE Filing. CLICK TO READ PRESS RELEASE

"Strides will license

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in