Sawai To Take Over Facilities Owned By Scandal-Hit Kobayashi Kako
Japan’s Sawai Will Assume Ownership Of Eight Facilities Under New ‘Trust’ Subsidiary
Executive Summary
Kobayashi Kako has agreed to transfer ownership of eight of its production, research and distribution facilities to Sawai, which will use them to expand the manufacturing of its own generics. Business was suspended at Kobayashi Kako for 116 days this year after the company’s manufacturing deficiencies were linked to two deaths.
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