BUSINESS
Otsuka to Buy US Firm Avanir Pharmaceuticals to Fully Enter Neurology Market
Otsuka Pharmaceutical said on December 2 that it has struck a deal to acquire US biopharma company Avanir Pharmaceuticals for US$3.5 billion to fully tap into the neurology market. Tokyo-based Otsuka will pay US$17 a share. The company said in…
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In the complex landscape of the Japanese pharmaceutical market, the “status quo” is often the safest harbor. But for leaders like Kennet Brysting, former president of Gilead Japan, the status quo is the most dangerous place to stay.Innovation in Japan…





