Merck KGaA Unveils Its Japan Business Reorganization Plan.Tokyo, Japan, Nov 2, 2005 - (JCNN JCNN Japan Corporate News Network ) - German pharmaceutical and chemical company Merck KGaA This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. has announced a reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions. for its pharmaceutical business in Japan. Specifically, the company will consolidate the ethicals division of its Japanese subsidiary Merck Ltd. and its Japanese generic pharmaceutical subsidiary Merck Hoei and create a new company, Merck Pharma Ltd., in April 2006. With this move, Merck aims to reinforce its foundations in Japan, while achieving synergistic effects for each operation. Upon consolidation, Merck Ltd. will focus more on the chemical products business for the development, production and marketing of liquid crystals and pigments. Source: JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) http://www.japancorp.net Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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