Pharma Deals Review, Vol 2008, No 100 (2008)

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Shionogi Keeps Up with Latest Japanese Pharma Trend

Sally Mardikian PhD

Abstract


Shionogi has agreed to acquire Sciele Pharma for US$1.4 B in another instance of a Japanese pharmaceutical company taking over a US company. The changes in the local industry within Japan have fuelled this trend, though it is now increasingly likely that Japanese pharmaceuticals are simply trying to keep up with their competitors’ global strategies.

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