Otsuka To Establish Holdings Company To Strengthen Oversight
This article was originally published in PharmAsia News
Executive Summary
Privately held Japanese major pharmaceutical company Otsuka has decided to introduce a holding company system and establish Otsuka Holdings. The move aims to strengthen oversight of its group companies, including Taiho Pharmaceutical. Taking the form of equity transfer, the new system takes effect July 8. (Click here for more - Japanese language) "Otsuka Pharmaceuticals Moves To Holding Company System To Enhance Oversight" - Fuji Sankei News (6/7/08)