Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Otsuka Picks Up Jnana Therapeutics for US$800 Million
Otsuka Pharmaceutical said on August 1 that it is acquiring Boston-based biotech Jnana Therapeutics in a deal worth US$800 million, bagging the potential first-in-class oral treatment for phenylketonuria (PKU), a rare genetic metabolic disease. The transaction is scheduled to close…
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