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Japan’s Seven & I Partners With Biggest Drug Store Chain AIN Pharmaciez

This article was originally published in PharmAsia News

Executive Summary

Major Japanese convenience store chain Seven Eleven's parent company Seven & I Holdings announced August 5 that it signed a business and capital partnership with Japan's biggest dispensing drug store chain Ain Pharmaciez. According to the agreement, Ain will be able to sell drugs inside Seven Eleven convenience stores and Ito Yokaido department stores. Seven & I will pay ¥1.6 billion to acquire 1 million Ain shares, a 7.8 percent of total shares. (Click here for more - Japanese language
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