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Chugai Pharmaceutical Co. and F. Hoffmann-La Roche Ltd. announced Monday that they will enter a strategic tieup that will place the Japanese drug maker under the umbrella of its Swiss partner but retain the Chugai name.

The deal will enable the Roche group to establish a strong base for the development and sale of new products in Japan while helping Chugai engage in global research and development operations, they said.

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