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Newly-Formed Arrotex Is Considering Further Deals

 
• By Dave Wallace

Following the formation of Australia’s Arrotex through the merger of Apotex Australia and former Strides unit Arrow Pharmaceuticals, CEO Dennis Bastas sets out the firm’s priorities as a central player in the Australian market, as well as longer-term plans including potential future deals and reaching beyond Australia and into south-east Asia, in an exclusive interview with Generics Bulletin.

arrotex
Arrotex’ CEO Reveals The Newly-Formed Company’s Next Steps • Source: Arrotex

The creation of Arrotex marks the emergence of a new central player in the Australian generics market, born as a result of the merger between Apotex’ local business and former Strides unit Arrow Pharmaceuticals which closed on 10 July.

The combined company immediately became Australia’s largest generic pharmaceutical and private-label OTC business, with a market share of around 50%...

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