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Kirin Holdings Co Ltd (2503.T)

2503.T on Tokyo Stock Exchange

2,628JPY
17 Nov 2017
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Tue, Oct 31 2017

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Japan's Kirin cashes out of Amgen drug joint venture

TOKYO Japan's Kirin Holdings Co Ltd said on Tuesday it would sell its share in a pharmaceutical research joint venture with California-based drugmaker Amgen Inc for $780 million.

Japan's Kirin cashes out of Amgen drug joint venture

TOKYO, Oct 31 Japan's Kirin Holdings Co Ltd said on Tuesday it would sell its share in a pharmaceutical research joint venture with California-based drugmaker Amgen Inc for $780 million.

BRIEF-Kirin Holdings announces application of International Financial Reporting Standards

* Says it plans to adopt International Financial Reporting Standards for its consolidated financial statements from fiscal year ending Dec. 31, 2017, instead of the Japanese Generally Accepted Accounting Principles

BRIEF-‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​

* ‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​

BRIEF-Kirin says terminating shareholders' agreement of JV with Amgen

* Says terminating shareholders' agreement of joint venture with Amgen

BRIEF-R&I affirms Kirin Holdings's rating at "A+" and changes outlook to stable from negative-R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I

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