Soiken, Hakuhodo to Create Joint Venture for PNS Study and Marketing Research of FOSHU - Food for Specified Health Use.Tokyo, Japan, Dec 21, 2005 - (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) ) - Soiken has agreed with Hakuhodo, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Hakuhodo DY Holdings, to establish a joint venture company for post-marketing surveillance (PMS (Pantone Matching System) A color matching system that has a unique number assigned to more than 500 different colors and shades. This standard for the printing industry has been built into many graphics and desktop publishing programs to ensure color accuracy. ) studies and marketing research for food for specified health use (FOSHU FOSHU Foods for Specified Health Use (Japan) ). To be established with a capitalization of 200 million yen ($1.7 mil) on January 17, the new company, Evidence Lab, will create a special website to provide useful information on FOSHU, including results of PMS studies and information on the effectiveness and safety of FOSHU. Soiken will own 60% of the new company, while Hakuhodo and other parties will have 33.4% and 6.6% stakes, respectively. The new company will be fully operational beginning in February 2006. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion