Bayer Japan, Meiji Seika team up. (Industry News).Bayer Yakuhin, Tokyo, Japan, the Japanese unit of German pharmaceutical company, Bayer AG Bayer AG German chemical and pharmaceutical company. Founded in 1863 by Friedrich Bayer (1825–1880), it now operates plants in more than 30 countries. Bayer has originated scores of pharmaceuticals, chemicals, and synthetic materials; it was the first developer and , and Meiji Seika Meiji Seika Kaisha, Ltd. (明治製菓株式会社 Kaisha, Tokyo, Japan, have agreed to cooperate in production and sales of over-the-counter (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) and healthcare products, including foods and nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. . Meiji Seika will be given first rights to sell products imported or produced by Bayer Yakuhin. Meiji Seika has been diversifying into other healthcare areas and expects the Bayer Yakuhin agreement to help expand its product lineup, while Bayer Yakuhin hopes to boost sales in Japan through the alliance. |
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