March 28, 2018 / 6:41 AM / 3 months ago

BRIEF-Nichi-Iko Pharmaceutical says business and capital alliance with Eisai

March 28 (Reuters) - Nichi-Iko Pharmaceutical Co Ltd

* Says it forms business and capital alliance with Eisai Co Ltd

* Says two entities will mainly cooperate on generic drug business model reform, ecosystem construction and API application

* Says it will acquire 100 percent stake in ELMED EISAI Co Ltd from Eisai Co Ltd, for 17.12 billion yen in total

* Says it plans to complete stake acquisition on April 1, 2019

Source text in Japanese:goo.gl/qnso5S

Further company coverage: (Beijing Headline News)

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