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Tokyo, Japan, Oct 15, 2005 - (JCNN) - Sanofi-aventis Japan announced on October 11 that it has acquired the rights to produce and sell Ancaron (amiodarone hydrochloride), an antiarrhythmic agent, from Taisho Pharmaceutical.
Under the agreement, Taisho will obtain the exclusive right to use P&G's Vicks Medicated Drops brand for an indefinite period and become the exclusive sales agent for its Vicks Vaporub balm in July, the top Japanese nonprescription drugmaker said.
14 Leading Company Profile: Taisho Pharmaceutical Co Ltd
Tokyo, Japan, Aug 4, 2005 - (JCNN) - Taisho Pharmaceutical (TSE: 4535) announced on August 3 that it has received approval from the Ministry of Health, Labor and Welfare for an OTC-switched version of Zaditen Nasal Solution, an antiallergic agent developed by Novartis Pharma.
36 billion yen in the year to March 31 mainly because Taisho did not have to set aside profits to compensate for a shortfall in retirement benefit reserves, which undercut the previous year's net balance.
Tokyo, Japan, July 22, 2005 - (JCNN) - Taisho Pharmaceutical (TSE: 4535) announced on July 21 that it has begun distributing a new vitamin preparation, Iris Ace Tablet, across Japan.
Azami Life was set up last year to take over the operations of failed Taisho Life Insurance Co.
Historical documents on Emperor Taisho, the late grandfather of Emperor Akihito, will be released Friday for public viewing for the first time since they were completed 64 years ago, the Imperial Household Agency said Thursday.
The new drug is designed to prevent the abnormal neurotransmission of glutamate in the brain and will be more effective and tolerable than current drugs, which have side effects such as weight gain and muscle spasms, a Taisho spokesman said.
Under the agreement, Taisho was to absorb Tanabe's over-the-counter (OTC) drug business while Tanabe was to absorb Taisho's non-OTC drug operations in October 2002.
Nissan Chemical is currently partnered with Taisho Pharmaceuticals Co.
For the full year to March 31, Taisho sees its group pretax profit at 67.
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