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BRIEF- JCR Pharmaceuticals announces business and capital alliance with Medipal Holdings
September 21, 2017 / 8:56 AM / a month ago

BRIEF- JCR Pharmaceuticals announces business and capital alliance with Medipal Holdings

Sept 21(Reuters) - JCR Pharmaceuticals Co Ltd

* Says it signed a business and capital alliance with Medipal Holdings Corp

* Says the two companies will set up a joint venture in U.S.

* Says Medipal Holdings will acquire 22 percent stake in the company for 21.18 billion yen, and will increase stake in the company to 22.5 percent from 0.5 percent, with acquisition date in late October

Source text in Japanese:goo.gl/YYQCFk

Further company coverage: (Beijing Headline News)

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