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Mylan To Acquire Agila from Strides Arcolab

Expands global injectables platform, market reach

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Mylan Inc. has signed a definitive agreement to acquire Agila Specialties Private Ltd., a developer, manufacturer and marketer of high-quality generic injectable products, from Strides Arcolab. The $1.6 billion cash acquisition expands Mylan’s global injectables platform and provides entry into new high-growth geographic markets. The transaction, subject to certain closing conditions, is expected to close in 4Q13.   Agila, headquartered in Bangalore, India, has a product portfolio of more ...

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