BUSINESS

Nichi-Iko to Be Delisted, Seeks Turnaround under Medipal-JWP Joint Firm; President to Bow Out

By Takashi Ebisawa November 15, 2022
Debt-laden generic maker Nichi-Iko Pharmaceutical said on November 14 that it will be delisted from the Tokyo Stock Exchange and seeks a turnaround under a joint firm partly owned by major wholesaler Medipal Holdings. The embattled company will also replace…

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