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Eiken Chemical Of Japan Aims To Become Global Testing Agent Maker With ¥30 Billion In Sales

This article was originally published in PharmAsia News

Executive Summary

Japanese diagnostic and testing agent maker Eiken Chemical announced April 28 plans to achieve ¥30 billion in sales in three to four years, and increase overseas sales from current 5 percent to 10 percent. For fiscal year 2009, the company estimated 2.6 percent increase in sales, reaching ¥26.7 billion. Eiken plans to expand markets for major products such as fecal occult blood and bacterial testing agents, urine testing paper, and develop new products based on loop-mediated isothermal amplification methods. Two such new products, Legionella and Mycoplasma pneumonia testing agents are under approval review in Japan. The company plans to launch them in September. In overseas market, Eiken unveiled an ambitious goal of ¥1.8 billion in sales for 2009, a 21 percent increase. (Click here for more - Japanese language

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