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Taisho, Tanabe scrap merger plan.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 3 Kyodo

Taisho Pharmaceutical Co. and Tanabe Seiyaku Co., Japan's eighth- and 10th-largest drugmakers, said Monday they have agreed to scrap their plans to integrate their operations under a holding company to create Japan's third-largest drug company.

The two companies said in separate statements that the decision...

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