Two Japanese Textile Firms Expand Pharmaceutical Businesses
This article was originally published in PharmAsia News
Executive Summary
Two Japanese textile companies are expanding their pharmaceutical holdings as one way to guard against bad economic times. Asahi Kasei plans to expand one of its facilities specializing in drug compounds at a cost of about $10.4 million. Toray Industries says it will double the capacity of one of its plants to produce tablets and capsules as early as autumn, including Toray's anti-itch drug for dialysis patients, currently outsourced. (Click here for more - a subscription may be required