Urbach Law with Fairmed Healthcare & Strides Pharma in new financing

Zurich based generics company, Fairmed Healthcare, which is majority owned by Strides Pharma Global, announced that it has raised €10 million in senior secured financing from Duke Royalty.

 

Urbach Law acted as transaction counsel for Fairmed Healthcare and Strides Pharma Global. The Urbach Law team was led by partner Simon Urbach (pictured) and included associates Amelie Hoffmann and Rezeda Maritz.

 

Fairmed was founded in 2012 and is based in Zug, Switzerland. The company offers generic prescription medicines, over-the-counter medicines, dermocosmetics and nutritional supplements in various EU countries. Fairmed is majority owned by Strides Pharma Global, which in turn is a wholly owned subsidiary of Strides Pharma Science, a publicly traded corporation.

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