Brief: Taiko Pharmaceutical says business and capital alliance with Earth Chemical

Earth

05/07/2016 07:30

July 5 (Reuters) - Taiko Pharmaceutical Co Ltd  4574.T : 
     
    * says Taiko Pharmaceutical formed a business and capital 
alliance with Earth Chemical Co Ltd  4985.T  on July 5 
    * Says two entities will cooperate on research and 
development of products and sales promotion, for activation of 
space sterilization and deodorant market and creation of new 
markets 
    * Says Taiko Pharmaceutical will disposal its 799,600 
treasury shares (5.78 pct stake) to Earth Chemical on July 21 
and to raise 1,216,991,200 yen in total 
     
    Source text in Japanese: https://goo.gl/mAbpv7 
    Further company Coverage:  4574.T   4985.T  
 
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