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Fujifilm Holdings Corp (4901.T)

4901.T on Tokyo Stock Exchange

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Tue, Mar 12 2019

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Japan's Fujifilm buys biologics unit from Biogen to boost healthcare business

TOKYO Japan's Fujifilm Holdings Corp will buy a drugmaking business from U.S.-based Biogen Inc for about $890 million (674.8 million pounds) to try to bolster its healthcare business as growth at its legacy photocopy operations stagnates.

Japan's Fujifilm buys biologics unit from Biogen to boost healthcare business

TOKYO Japan's Fujifilm Holdings Corp will buy a drugmaking business from U.S.-based Biogen Inc for about $890 million to try to bolster its healthcare business as growth at its legacy photocopy operations stagnates.

UPDATE 2-Japan's Fujifilm buys biologics unit from Biogen to boost healthcare business

* Fujifilm expects 100 bln yen revenue from CDMO business by 2021 (Adds details and background)

Fujifilm says to buy Biogen's subsidiary for around $890 mln

TOKYO, March 12 Fujifilm Holdings Corp said on Tuesday it is buying a subsidiary of Biogen Inc , Biogen Denmark Manufacturing ApS, for around $890 million to bolster its healthcare business.

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