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Strides Readies SteriScience For Injectables Push

Strikes New Joint Ventures For Carbapenems With Brooks Labs

Executive Summary

Strides is expanding its presence in synthetic injectables via a new company, SteriScience, while keeping its biologics injectables business under Stelis. A head start with existing IP assets and those from a new joint venture with Brooks Labs will enable the fledgling firm to file its first ANDA in fiscal 2021, with break-even foreseen in two years.

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