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Kowa, Nikken Chemicals to Reinforce Partnership in Ethical Drug Business.


Tokyo, Japan, Nov 11, 2005 - (JCNN JCNN Japan Corporate News Network ) - Kowa and Nikken Chemicals jointly announced on November 10 that they have agreed to reinforce their current partnership in the ethical drug business. Considering the possibility of future integration, the two companies plan to deploy 100 medical representatives in the ethical drug business and undertake an organizational innovation by April 1, 2006.

Since November 2003, the two companies have collaborated in sales and R&D activities. In particular, they have been co-promoting Livalo Tab (antihypercholesterolemic agent) and Olmetec Tablets (antihypertensive antihypertensive /an·ti·hy·per·ten·sive/ (-ten´siv) counteracting high blood pressure, or an agent that does this.

an·ti·hy·per·ten·sive
adj.
Reducing high blood pressure.

n.
 agent) in Japan.

With this move, the two companies aim to strengthen their operational base and consolidate their footholds in the pharmaceutical market where competition is intensifying in·ten·si·fy  
v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies

v.tr.
1. To make intense or more intense:
.

Source: JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
JCN Journal of Cardiovascular Nursing
JCN Journal of Christian Nursing
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JCN Journal of Child Neurology
JCN joint communications network (US DoD) 
 http://www.japancorp.net

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Publication:JCNN News Summaries
Date:Nov 14, 2005
Words:129
Previous Article:Nikken Chemicals to Transfer Three Ethical Products to Mitsubishi Pharma.
Next Article:Suntory Confirmed that Arachidonic Acid and DHA Help Improve Brain Functions.



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