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ELI LILLY TO SCRAP JAPAN JV WITH CHUGAI PHARMACEUTICAL.
OSAKA, Dec 3 Asia Pulse - U.S. pharmaceutical giant Eli Lilly and Co. announced Friday that it will cut its ties with Chugai Pharmaceutical Co. (TSE: 4519) and dissolve their 50-50 Japanese joint venture by the end of next year.
Lilly decided to call off the partnership because its own development base in Japan has expanded. The two firms agreed in 1999 to jointly develop drugs for the Japanese ...
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Source: HighBeam Research, ELI LILLY TO SCRAP JAPAN JV WITH CHUGAI PHARMACEUTICAL.