Business / Corporate Dec 17, 2018

Taisho said to near $1.6 billion deal for Bristol-Myers unit

Taisho Pharmaceutical Holdings Co. is nearing a deal to buy Bristol-Myers Squibb Co.'s French over-the-counter unit, people familiar with the matter said, as the Japanese drugmaker seeks to boost its overseas presence. An agreement for the consumer-health business could be announced as soon as this ...

Japan takes aim at ballooning drug prices as costs strain health budget

Business Feb 8, 2016

Japan takes aim at ballooning drug prices as costs strain health budget

When two of the world's biggest pharmaceutical companies announced a tie-up in Japan, its $78 billion drug industry took note. In November, the nation's largest drugmaker, Takeda Pharmaceutical Co., said it'd separate its off-patent products and share its extensive domestic distribution network with Israel's Teva ...