Strides Acquires Sandoz's Africa Generics Portfolio
Analysis based on 9 articles · First reported Mar 17, 2026 · Last updated Mar 19, 2026
The acquisition by Strides Pharma Science is expected to positively impact the pharmaceutical market in Sub-Saharan Africa by increasing competition and potentially improving access to affordable medicines. For Strides Pharma Science, this deal is expected to be EPS-accretive and will significantly boost its market position.
Strides Pharma Science, through its subsidiary Strides Pharma Science===Strides Pharma International AG, has entered into an agreement with Sandoz AG to acquire and in-license a portfolio of branded generic products across Sub-Saharan Africa. The deal, valued at USD 12 million, will expand Strides Pharma Science's footprint in key markets including Western Sahara, Ghana, Nigeria, and Kenya, positioning it among the top pharmaceutical players in the region. The portfolio includes products in anti-infective, cardiovascular, and dermatology segments. The transaction is expected to close by Q2 FY27, subject to regulatory approvals, and is anticipated to be EPS-accretive for Strides Pharma Science.
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