Japan’s Maruishi Pharmaceutical and Yoshida Pharmaceutical Halt Planned Merger

Japanese specialty drug makers Maruishi Pharmaceutical and Yoshida Pharmaceutical announced Feb. 23 the withdrawal of a planned merger. The two companies signed a collaboration agreement in September. However, the two have many overlapping products and product integration is estimated to take longer than planned. Maruishi and Yoshida are among top three drug makers for sterilization products and pharmacopeia preparations in Japan. (Click here for more - Japanese language

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