Japanese drug makers to merge, become nation's second largest

02/25/2004 | Asahi Shimbun (Japan), The

Yamanouchi Pharmaceutical and Fujisawa Pharmaceutical, major Japanese drug makers, announced their intention to merge in just over a year, creating the nation's second-largest pharmaceutical company. Company officials said the merger, which still would leave Takeda Chemical Industries as the largest drug maker, would put them in a position to invest more in research and development in the face of increased competition from abroad.

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Asahi Shimbun (Japan), The

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