Navigation Links
Meretek Diagnostics and Otsuka America Pharmaceutical, Inc. Announce Completion of Merger
Date:10/2/2007

ROCKVILLE, Md., Oct. 2 /PRNewswire/-- Meretek Diagnostics, Inc. and Otsuka America Pharmaceutical, Inc. (OAPI) today announced the completion of a merger between the two companies. The merger forms a new division of OAPI called Meretek Diagnostics Group of Otsuka America Pharmaceutical, Inc.

OAPI was established in 1989 by Otsuka America, Inc. (OAI), which is wholly owned by Otsuka Pharmaceutical Co., Ltd. (OPC). Meretek Diagnostics was acquired by OAI in 2001. Both are part of the Otsuka Pharmaceutical Group of companies. With this merger, Meretek staff members will become employees of OAPI.

Hiromi Yoshikawa, Chairman and CEO of Otsuka America Pharmaceutical, Inc., said the agreement represents a tremendous opportunity.

"We are pleased to welcome the Meretek Diagnostics organization into the OAPI organization," said Yoshikawa. "This merger presents expanded opportunities for research and development as well as for commercialization of new, innovative healthcare products."

No significant change in staffing at either organization is expected as a result of the merger.

About Meretek Diagnostics Group of Otsuka America Pharmaceutical, Inc.

Meretek Diagnostics Group is a wholly owned group of Otsuka America Pharmaceutical, Inc.

Otsuka America Pharmaceutical, Inc. (OAPI) is a successful, innovative, fast-growing healthcare company that commercializes Otsuka-discovered and other product opportunities in North America, with a strong focus on and commitment to neuroscience, cardiovascular and gastrointestinal therapeutic treatments. OAPI is dedicated to improving patients' health and the quality of human life. The company is part of the Otsuka Pharmaceutical Group, which is comprised of 99 companies and approximately 31,000 people around the world. With 54 consolidated subsidiaries, Otsuka earned US $7.2 billion in consolidated annual revenues in fiscal 2006. For additional information, please visit http://www.otsuka.com.

For more information about the Meretek Diagnostics Group of Otsuka America Pharmaceutical, Inc. and its products, including Full Prescribing Information, Warnings and Limitations, visit the Meretek Website at http://www.meretek.com or the OAPI Website at http://www.otsuka.com.


'/>"/>
SOURCE Meretek Diagnostics Group of Otsuka AmericaPharmaceutical, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Apollo Hospitals Short-listed to Provide Diagnostics in the UK
2. Lab Tests And Diagnostics - Next Wave Of Outsourcing
3. Innovation Needed In The Field Of Diagnostics: Nair
4. Abstain from sex- the latest mantra of American teens
5. Clintons new problem - Is the outgoing American president suffering from skin cancer?
6. American scientists alter gene makeup of babies
7. FDA attacks American Red Cross for blood violations
8. Poll Finds Many Americans Misinformed About Cancer
9. Poll Finds Many Americans Misinformed About Cancer
10. Hypertension Drug of Choice for African Americans
11. Indian doctors in America help Katrina victims
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... , ... February 08, 2016 , ... ... with BASF Human Nutrition into the Food & Beverage and ... been BASF’s channel partner throughout Canada and USA geographies east of the Rocky ...
(Date:2/8/2016)... ... February 08, 2016 , ... A man who has struggled to quit smoking, a man ... , was determined to find solutions to his problems – and he did. Now Nabat, ... is ready to introduce his breakthrough inventions to the world and better people's lives. His ...
(Date:2/8/2016)... Head Island, SC (PRWEB) , ... February 08, 2016 , ... ... and surrounding areas with a vital new community enrichment program, has teamed up with ... local women and children suffering from intimate abuse. To support all those victimized by ...
(Date:2/8/2016)... ... February 08, 2016 , ... ... today that nominations will be accepted February 8, 2016 through May 8, ... Awards include the Information Security Executive® of the Year, which recognizes executives ...
(Date:2/8/2016)... ... February 08, 2016 , ... Discover the Rocky Mountain region’s longest ... and 700 companies. Attendees also get to see the most incredible gardens and ... Home Show , at the Colorado Convention Center - 700 14th St. Denver CO, ...
Breaking Medicine News(10 mins):
(Date:2/9/2016)... -- The leader in accelerated orthodontics, OrthoAccel ® ... recipient of the 2015 Townie Choice Award in the ... device that speeds up orthodontic tooth movement by as ... with treatment, AcceleDent was selected by orthodontists from across ... survey of the most reliable and reputable products ...
(Date:2/9/2016)... 9, 2016  Increasingly, health care professionals are enhancing ... with wireless technology. With the Vios Monitoring System from ... and remotely detect problems before they become serious by ... environments. the United States . ... . --> The Vios Monitoring System ...
(Date:2/9/2016)... 9, 2016 The new report " Global Fetal and ... Acuity Business Research & Consulting group reveals that North ... with a share of 36.4% in 2014 that translated into revenues ... the report also covers market analysis for Fetal and Neonatal care ... Asia-Pacific , Latin America , ...
Breaking Medicine Technology: