Japan's Mitsubishi Tanabe Plans Scaled Entry Into U.S. Market
This article was originally published in PharmAsia News
Executive Summary
Mitsubishi Tanabe Pharma has plans to enter the U.S. pharmaceutical market in two years, beginning with a pair of drugs to treat kidney problems. To market the drugs, Mitsubishi Tanabe also plans to set up a U.S.-based sales unit and hire 100 representatives. The company expects to apply next year for U.S. approval of a hyperphosphatemia drug to treat kidney dysfunction as its first product. A year later, it plans to file for a treatment for chronic kidney failure with the hope of launching both drugs in 2012 or 2013. Longer-range plans call for introducing a diabetes treatment, along with entering into marketing agreements and acquiring U.S. companies. (Click here for more - a subscription may be required
You may also be interested in...
EU: Good News For IVDs And For Future Transparency Of Medtech Compliance
The IVD industry has long been awaiting a further extension of the deadlines for compliance with the IVD Regulation and for the launch date of the Eudamed database to be brought forward.
California Court’s Inaction On TiO2 Prop 65 First Amendment Case Breeds New Lawsuits
The Personal Care Products Council seeks to stem the rising tide of titanium dioxide Proposition 65 lawsuits, requesting that a California court prohibit the state’s Attorney General and private enforcers from filing and/or prosecuting new suits against cosmetics companies failing to warn about potential TiO2 exposure.
Kenvue Breaks Ground On New Headquarters, Appoints Chief Corporate Affairs Officer
Firm hosts groundbreaking for 290,000 square-foot global headquarters it’s having built in Summit, NJ, starting with 100,000 square-foot science and innovation and expected to open in 2025. It announced adding Russell Dyer as chief corporate affairs officer starting 13 March.