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Kyowa Hakko Kogyo Co., a Japanese biotechnology and pharmaceutical company, announced Monday the creation of a new unit in the United States to develop and market monoclonal antibodies and other biological technologies and businesses.

Kyowa Hakko, the nation’s largest fermented-chemical company, said BioWa Inc., a wholly owned subsidiary in Princeton, N.J., of Kyowa America Inc., is intended to tap the rapidly growing antibody therapeutic industry with antibody medicines.

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