1. Scrip
  2. >>Business

Teijin to launch home healthcare business in Europe

 
• By Zoë Dann

The Japanese company Teijin Pharma has established a 50:50 joint venture with the Spanish pharma company Laboratorios del Dr Esteve, to enter the home respiratory therapy market in Europe, beginning in Spain. The joint venture, Esteve Teijin Healthcare (ETH), will be established through Teijin's holding company in Europe, Teijin Holdings Netherlands. ETH will acquire Esteve's total stake in Oximeplus, a Spanish provider of home respiratory therapy services, accounting for 51% of the company's outstanding stock. The company is expected to be established by the end of January.

The Japanese company Teijin Pharma has established a 50:50 joint venture with the Spanish pharma company Laboratorios del Dr Esteve, to enter the home respiratory therapy market in Europe, beginning in Spain. The joint venture, Esteve Teijin Healthcare (ETH), will be established through Teijin's holding company in Europe, Teijin Holdings Netherlands. ETH will acquire Esteve's total stake in Oximeplus, a Spanish provider of home respiratory therapy services, accounting for 51% of the company's outstanding stock. The company is expected to be established by the end of January.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Business

Positive Fabry Data Should Smooth Way For Sangamo’s Partnering Efforts

 
• By Alaric DeArment

The biotech announced results from the pivotal trial of isaralgagene civoparvovec and plans to file for approval in 2026 as it looks for a commercialization partner.

Industry’s Vaccines Pipeline In A Changing Regulatory Landscape

 
• By Jessica Merrill

More than a dozen vaccines for infectious diseases are in Phase III development across the industry, as the US regulatory environment brings increased uncertainty.

Sanofi Links Up Again With Formation To Take Gusacitinib Down New Path

 
• By Kevin Grogan

Deal Snapshot: The Paris-headquartered company has licensed gusacitinib, which was in development for chronic hand eczema, but Sanofi will pursue a new indication for the dual JAK/SYK inhibitor.

Stock Watch: When The Biotech Bandwagon Music Stops

 
• By Andy Smith

The number of viable biotech companies exploiting a particular technology should be limited by intellectual property but the number of biotech IPOs exploiting that same technology always seems greater than those with freedom to operate.

More from Scrip