OSAKA – A hospital in Osaka said Wednesday it had found perforated intravenous drip bags that were to be used for patients, following fatal drip poisonings in September at a Yokohama hospital. Kitano Hospital in the city of Osaka said no patients were ... ( read original story ...)
ObsEva Initiates IPO Filing For Women's Reproductive Treatments
The institutional investors own 77.1% of the company's stock pre-IPO. ObsEva is developing a lead candidate, OBE2109, which it in-licensed from Kissei Pharmaceutical Co of Japan, for the treatment of endometriosis and uterine fibroids. Endometriosis is a ... ( read original story ...)
Tokyo stocks down by close on yen rebound
Tokyo stocks closed lower Tuesday as a rebounding yen hit exporters, while Toyota lost early gains driven by news of a major investment in the United States. After a public holiday Monday, the Japanese market dropped at the start as falling oil prices and ... ( read original story ...)
Japan's Takeda buys US cancer specialist Ariad for $5.2bn
Japanese pharmaceutical giant Takeda has agreed to buy US drugmaker Ariad Pharmaceuticals for $5.2bn (£4.3bn). Ariad specialises in making medicines for patients with rare forms of leukemia and other rare cancers. The takeover was approved by the boards ... ( read original story ...)
Tokyo stocks fall at open, Toyota up on US investment news
Tokyo stocks fell Tuesday as exporters dropped and after Wall Street finished lower, but Toyota rose on news it is investing about $10 billion in the US over the next five years. The benchmark Nikkei 225 index was down 0.37 percent, or 72.19 points, to sit ... ( read original story ...)
S. Korean Dies After Setting Himself Ablaze Over Japan Deal
A South Korean Buddhist monk has died days after he set himself on fire to protest the country's deal with Japan on former Korean sex slaves, a Seoul hospital said Tuesday. The monk, 64, set himself ablaze Saturday during rallies against impeached ... ( read original story ...)
Third-generation heir to kimono business finds success in recycling traditional garb
For Kenichi Nakamura, the third-generation heir of a nearly century-old kimono business, the market for the traditional Japanese garment, currently a sixth of its peak, is full of hidden potential. The 62-year-old president of Tokyo Yamaki Co. believes ... ( read original story ...)
Sapporo licenses Thai firm to produce ethanol
Japanese brewer Sapporo Holdings Ltd has licensed Thai fuel retailer PTG Energy Plc to manufacture cassava-based bioethanol. The deal was signed Monday between Sapporo and Innotech Green Energy Co, PTG's subsidiary and joint venture with Thai tapioca ... ( read original story ...)
Nikkei little changed, trim earlier losses amid U.S. policy hopes
TOKYO Jan 10 Japan's Nikkei share average was little changed on Tuesday, trimming earlier losses amid hopes that U.S. President-elect Donald Trump would provide stimulus-supportive hints at an upcoming news conference. The Nikkei initially slipped as much ... ( read original story ...)
Takeda to Acquire ARIAD Pharmaceuticals, Inc.
CAMBRIDGE, Mass. & OSAKA, Japan--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (TSE:4502) (“Takeda”) and ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) (“ARIAD”) today announced that they have entered into a definitive agreement under which ... ( read original story ...)
Takeda is buying Ariad Pharmaceuticals in a $5.2 billion deal
Here's the press release: CAMBRIDGE, Mass. & OSAKA, Japan--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (TSE:4502) (“Takeda”) and Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) (“Ariad”) today announced that they have entered into a definitive ... ( read original story ...)
Sonalika maker looks to take tractors global
NEW DELHI: After increasing its stake in International Tractors (ITL)— makers of Sonalikabranded tractors — Japanese agri-equipment manufacturer ... We were earlier considering an IPO to provide an exit to Blackstone. But now that Yanmar has bought ... ( read original story ...)
Donald Trump to meet with Alibaba's Jack Ma
Last month, Trump announced that Japan's SoftBank had agreed to invest $50 billion in ... "Our U.S. strategy is simple and clear", Ma said in a 2015 op-ed. Since its 2014 IPO, e-commerce industry observers have been waiting for Alibaba to court USA consumers. ( read original story ...)
Power surge: Chinese electric car battery maker charges for global market
China's answer to Japan's Panasonic Corp and South Korea's LG Chem Ltd has ... A123, a U.S. automotive battery maker, went from IPO to bust in just three years as battery costs remained stubbornly high and orders dried up. "People think we're a big ... ( read original story ...)
McDonald's Sells Control Of China Business To Citic, Carlyle
As McDonald's streamlines its sprawling global operations, the fast-food giant is also looking at further deals in markets such as South Korea, Japan and Southeast Asia ... and today’s top-performing IPO stocks. Get 4 free weeks of the IBD Digital ... ( read original story ...)
IBM Keeps Lead In Patent Field; Amazon Shows Fastest Growth
U.S. firms accounted for the most, 41%, followed by Japan at 28% and South Korea at 15% ... and today’s top-performing IPO stocks. Get 4 free weeks of the IBD Digital edition plus access to IBD's exclusive market analysis, proprietary stock ratings ... ( read original story ...)