Strides Shasun's Australian arm inks supply pact with Pharmacy Alliance

Arrow Pharmaceuticals Pty Ltd (Arrow), Strides Shasun Ltd’s wholly-owned Australian subsidiary, has entered into a 10-year supply partnership and trading platform with Pharmacy Alliance, Australia's longest standing co-operative buying groups. The new agreement also includes investment by Arrow in Pharmacy Alliance’s plans for growth and retail innovation.
 
The supply agreement is an extension to the existing supply arrangement previously in place between Pharmacy Alliance and Aspen, before the Aspen Generics & Chemists’ Own business was acquired by Arrow in September 2015.
 
The agreement guarantees Pharmacy Alliance members a market-leading suite of products and services across both the Arrow Generic range and the renowned Chemist Own range of over-the-counter medicinal generics. “The agreement is also reflective of Arrow’s current position as the largest generic supplier to Pharmacy Alliance members and the value that Pharmacy Alliance represents to Arrow,” said Strides Shasun in a BSE filing yesterday.