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Welfide, Mitsubishi-Tokyo Pharmaceuticals ink merger accord.

Publication: Japan Weekly Monitor
Publication Date: 04-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OSAKA, May 28 Kyodo

Osaka-based pharmaceutical firm Welfide Corp. and Mitsubishi-Tokyo Pharmaceuticals Inc., a subsidiary of Mitsubishi Chemical Corp., said Monday they have formally inked a contract to merge Oct. 1 to become the nation's eighth largest drug company in terms of sales.

The two companies' combined sales as...

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