Foreign investors are stepping up acquisitions of Japanese drug makers. Under the Foreign Exchange and Foreign Trade Act (FEFTA), such…
BUSINESS
Generic Industry Shakeup Advances as Teva Takeda Joins JWP-Medipal Group
Israel’s Teva Pharmaceutical Industries said on December 5 that it will be divesting its entire 100% stake in Teva Takeda Pharma to JKI, set up by Japanese private equity firm J-Will Partners (JWP). Wholesaler Medipal Holdings is also investing 20%…
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