Pune-based Bilcare along with US-based Meadwestvaco Corporation have jointly acquired International Labs, a Florida-based pharmaceutical packaging company, for an undisclosed amount.  
 
International Labs have a packaging solution Shellpak, a pre-filled easy to use medication package, for generic or copy cat cheap off-patent drugs and for branded drugs.

This joint acquisition will leverage best-in-class capabilities for adherence-promoting pharmaceutical packaging and streamline the supply chain by eliminating several steps in the distribution channel.

Bilcare Limited provides pharmaceutical packaging solutions primarily in the United States, India, and Singapore. However, the company did not disclose the terms of acquisition.