Accu-Break Pharmaceuticals

Accu-Break, Strides Arcolab enter joint venture to develop generic pharmaceuticals

Published in Medicine and Law Weekly, July 7th, 2006

Accu-Break Pharmaceuticals, Inc., and Strides Arcolab Limited, one of India's largest manufacturers and exporters of pharmaceutical products, announced the signing of a definitive agreement to set up a worldwide Joint Venture Company (JVC) to develop generic products using the patent pending Accu-Break technologies.

This will be accomplished through a company to be called Accu-Strides, a 50:50 JVC. It is anticipated that the JVC will outsource from Strides an exclusive product pipeline of generic and ANDA products in finished dosage forms. It is also anticipated that the JVC will outsource from Accu-Break Pharmaceuticals sales, marketing and distribution capabilities...

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Source: Medicine and Law Weekly (2006-07-07)

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