A bidding war to come for Strides-owned injectables unit?

The rumor mill is reporting that Pfizer Inc. and Novartis AG may both be considering an acquisition of a Strides Arcolab Ltd. business unit, with perhaps other suitors in the wings as well
| 1 min read
Written byJeffrey Bouley
BANGALORE, India—Agila Specialties, the injectable-drugsunit of Indian company Strides Arcolabs Ltd., is reportedly about to be up for sale,according to sources being quotes by the EconomicTimes and Reuters, among others. Along with that news comes word fromunnamed sources close to the matter that Pfizer Inc. and Novartis AG are among the "seriousbidders" considering a run for the unit.
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