Eisai announces agreement to set up new gastrointestinal speciality company
pharmafile | March 30, 2016 | News story | Manufacturing and Production, Research and Development, Sales and Marketing | Ajinomoto, Eisai, absorption, acquisition, ea pharma, gastrointestinal, merger, speciality
Eisai (TYO: 4523) and Ajinomoto Co. (TYO: 2802) have announced an agreement to establish a new gastrointestinal speciality pharmaceutical company, EA Pharma.
Effective from 1st April 2016, EA Pharma will be formed through the splitting off of a portion of Eisai’s gastrointestinal disease treatment business and its subsequent succession by Ajinomoto Pharmaceuticals via an absorption-type split.
Eisai’s 60 years of innovation within this disease area will be integrated with Ajinomoto’s amino acids expertise to form a gastrointestinal speciality pharma with a full value chain including research and development, production and logistics, and sales and marketing.
EA Pharma has set out its corporate vision, which is to specialise in the likes of inflammatory bowel disease (IBD), as well as striving to address unmet needs through research and development in this disease area. The company will be based in Tokyo, have approximately 1,250 employees and be headed by president and CEO, Hajime Shimizu.
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