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Chugai to become Roche subsidiary.

Publication: Japan Weekly Monitor
Publication Date: 17-DEC-01
Format: Online - approximately 421 words
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 10 Kyodo

(EDS: UPDATING WITH ADDITIONAL INFORMATION)

Chugai Pharmaceutical Co. said Monday it has agreed with F. Hoffmann-La Roche Ltd. to form an alliance in Japan's pharmaceutical market that will convert the Tokyo-based drugmaker into a subsidiary of the Swiss company.

The deal will enable Roche to establish a strong development and sales base for new products in Japan, while...

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