Toyo Shinyaku, Dentsu to Establish Joint Venture Company in Health Food Business.Tokyo, Japan, June 9, 2006 - (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) ) - Toyo Shinyaku and Dentsu jointly announced on June 8 that they have agreed to establish a joint venture company in the field of health food as of July 3. The new company, TSD TSD Tay-Sachs disease. Wellness, will be capitalized Capitalized Recorded in asset accounts and then depreciated or amortized, as is appropriate for expenditures for items with useful lives longer than one year. at 50 million yen (US$450,000) and support the development and launch of health food products and food for specified health use (FOSHU FOSHU Foods for Specified Health Use (Japan) ). TSD Wellness will provide comprehensive support, from contract research organization (CRO) services to developing marketing strategies. Toyo Shinyaku will hold a 66% stake in the new company and Dentsu the rest. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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