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Companies / Japan

Merck KGaA Reorganises Japanese Unit

July 2006 | Company Finance Alert

Plans announced late last year had envisaged renaming the company Merck Pharma, bringing all prescription medicines under a single umbrella. The company achieved sales in Japan of some US$480mn in 2005. The moves are symbolic of the refocusing of Japan's generics industry, following changes to regulations and the government's growing enthusiasm for the low-cost

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