Nichi-Iko Pharmaceutical Co., Ltd.
http://www.nichiiko.co.jp/english
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Latest From Nichi-Iko Pharmaceutical Co., Ltd.
Sawai To Take Over Facilities Owned By Scandal-Hit Kobayashi Kako
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.
Nichi-Iko Offers Heartfelt Apology As It Forecasts Huge Annual Loss
Nichi-Iko’s first-half financial results made for unhappy reading again as the company’s bottom line was battered by longstanding quality problems, leading the firm to announce huge projected losses for its current financial year ending in March 2022.
Towa Follows Suit With Sawai To Steal Japanese Share From Nichi-Iko
Japanese player Towa Pharmaceutical joined Sawai in capitalizing on Nichi-Iko’s misery by taking market share from its rival, as it ran factories at full capacity and plotted for further expansion.
Nichi-Iko Slashes Profitability Guidance As Supply Issues Drag On
Nichi-Iko has been forced to cut dramatically its core operating profit guidance for its 2022 financial year, as it continues to deal with the fallout of its previously deficient Namerikawa manufacturing facility in the Toyama prefecture.
Company Information
- Industry
- Pharmaceuticals
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Pharmaceuticals
- Generic Drugs
- Nutraceuticals
- OTC, Consumer
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Biotechnology
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Large Molecule
- Antibodies
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Drug Discovery Tools
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Molecular Diversity
- Natural Products
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Molecular Diversity
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Large Molecule
- Other Names / Subsidiaries
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- Elmed Eisai Co., Ltd
- Nichi-Iko Medical Practice Institution Co., Ltd.
- Yakuhan Pharmaceutical Co., Ltd.
- Nichi-Iko Pharma Tech Co., Ltd.
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