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Japan's pharma mergers will trickle to the Midwest

After word leaked out last week, Mondays Wall Street Journal detailed the news of another Japanese pharma merger.

In past columns, we have talked about the consolidation of the Japanese pharma industry. The Japanese are actually arriving late to the consolidation party as both American and European companies have been consolidating for years and conti......

Full article >>> ign companies as well as mergers within Japan:

So why is all this Japanese merger mania happening now? Well, lets start with the Japanese pharma market itself in relationship with the rest of the world.

The Japanese pharma market achieved sales of $50.7 billion in 2003. It grew only 2 percent versus th......

Full article >>> ss in Japan and around the world and were failing to innovate with differentiated products.

Almost 90 percent of Japanese pharma sales are from drugs that have existed for 10 years or longer.

Japanese pharma companies have not invested the R&D money that their American and European counterparts have (12.8 percent of sales versus 17.2 percent). Additionally, the Japanese governmen......

Full article >>> raphic regions in the future. Ajinomoto, a Japanese food ingredients company with growing pharmaceutical interests, has for a long time had investments and a presence in Illinois and previously had joint ventures with Searle and NutraSweet.

With the large JETRO Chicago presence in the Midwest, other Japanese pharma companies are looking at the Midwest as a base of operations. Bank on the ......

Full article >>>
'"/> By Michael Rosen 02/28/05

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