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Strides Pharma acquires Sandoz’s African generics portfolio for $12M, expanding its regional footprint and market leadership.
Strides Pharma International AG, a subsidiary of Strides Pharma Science, has agreed to acquire a portfolio of branded generic pharmaceutical products from Sandoz AG across Sub-Saharan Africa for $12 million, with the deal expected to close by September 30, 2026.
The acquisition covers Ghana, Nigeria, Kenya, and 10 West African countries, including brands in anti-infective, cardiovascular, and dermatology therapies, many generating over $1 million annually.
The transaction, funded through internal resources, is projected to be earnings-per-share accretive and will more than double Strides’ presence in the region, strengthening its market leadership.
It supports the company’s “in Africa for Africa” strategy and aims to position Strides among the top five pharmaceutical companies in the region by sales.
Strides Pharma adquiere el portafolio de genéricos africanos de Sandoz por $ 12M, expandiendo su presencia regional y liderazgo en el mercado.