Banyu To Sell Facility To Taiho, Move All Research To U.S.
This article was originally published in PharmAsia News
Executive Summary
Japan's Banyu Pharmaceutical plans to sell its research facility to Taiho Pharmaceutical, with the deal to be completed by the end of August. Banyu, a subsidiary of U.S.-based Merck, is moving its research work to the United States and assigning its employees at the Japanese facility to other divisions. The Banyu change is part of a global restructuring by Merck. For Taiho, the facility is to serve as its base for developing the cancer drugs in which it specializes. (Click here for more - a subscription may be required
You may also be interested in...
Japan's Taiho Looks At Partnerships To Jumpstart Gastric Cancer Drug Global Expansion
Tokyo-based Taiho Pharmaceutical Nov. 19 announced the European Medicines Agency accepted for review the company's marketing application for the gastric cancer drug S-1
EU Parliament Stricter Than Council On Medicines And Medical Devices Packaging
The EU Parliament's Environment, Public Health and Food Safety committee takes a compromise position with regards to the Packaging and Packaging Waste Directive. Medicines and medical devices should be exempt, but only until 2035, at which point the European Commission should check whether the development of materials and the recycling process have progressed, and may adjust this exemption accordingly.
Stay Or Exit? Global Health Players Ponder New China Trajectory
It's again the time of year when global CEOs descend on China's capital to discuss strategies. This year, however, the mood is different.