GlaxoSmithKline and Daiichi Sankyo have now confirmed that they will set up a vaccines joint venture in Japan to handle existing and future products from both partners, following local media leaks of a tie-up ahead of the formal announcement.
The new equally owned operation, Japan Vaccine, is to be incorporated in early April with total capital of ¥100 million ($1.2 million) and will begin business in July
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