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FUJIKURA KASEI BUYS MEDICAL-RELATED BIZ FROM BIOTECH FIRM.

AsiaPulse News

| May 01, 2009 | COPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, May 1 Asia Pulse - Fujikura Kasei Co. (TSE:4620) has acquired a chemical substance inspection equipment business from biotechnology start-up EnBioTec Laboratories Co. for around 40 million yen (US$405,280).

The business, which develops and sells inspection equipment for chemical substances used in making pharmaceuticals, generates annual sales of nearly 100 million yen. Of EnBioTec's 20 employees in that business, four researchers are expected to transfer to Fujikura Kasei as part of the deal.

Accompanying the acquisition, Fujikura Kasei has overhauled its research structure, with EnBioTec's Tsukuba ...

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