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BUZZ-Japan's Mitsui to buy stake in Russian drugmaker R-Pharm
April 27, 2017 / 9:32 AM / 7 months ago

BUZZ-Japan's Mitsui to buy stake in Russian drugmaker R-Pharm

** Japan’s Mitsui & Co Ltd says it has agreed to buy an about 10 percent stake in R-Pharm from the Russian drugmaker’s founder Alexey Repik

** Deal is worth more than $200 million and is expected to close in the autumn, Mitsui spokeswoman says

** “Mitsui will contribute to the growth of R-Pharm and the development of the Russian and CIS pharmaceutical market by using its networks to accelerate R-Pharm’s in-licensing of new drugs from foreign pharmaceutical manufacturers, and by helping R-Pharm to achieve further improvements in its manufacturing technology,” the Tokyo-based company says in a statement

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