- For Print
- May 11, 2010
Թϴͷ Co., Ltd. (Headquarters: Tokyo, President & CEO: Haruo Naito, “Թϴͷ”) announced today the establishment and commencement of operations of Թϴͷ Limited (Location: Ontario), the Company's new pharmaceutical sales subsidiary in Canada. Թϴͷ Limited is the Canadian subsidiary of Թϴͷ Inc., the Company's U.S. subsidiary.
Թϴͷ Limited was established following a change in registration of the Canadian branch of MGI Pharma, previously acquired by Թϴͷ. The new subsidiary will serve as Թϴͷ's pharmaceutical sales base for the entire Canadian market.
Թϴͷ Limited plans to register and commercialize select products from the Company's U.S. product portfolio, beginning with Gliadel® Wafer. Over time, additional oncology and neurology products may be introduced to the Canadian market, including T-cell lymphoma agent Targretin®, antiepileptic agent Banzel, and future products from Թϴͷ's pipeline, such as anticancer agent Eribulin (generic name) and AMPA receptor antagonist Perampanel (generic name).
By expanding its sales capabilities in Canada, the ninth largest pharmaceutical market in the world, Թϴͷ aims to strengthen its business operations and presence in the region and independently market its products in accordance with local market needs. The establishment of Թϴͷ Limited not only means that Թϴͷ now has a pharmaceutical sales subsidiary in Canada, it will also allow the Company to prepare for future expansion based on the Company's hhc philosophy in both the United States and Canada.
By establishing Թϴͷ Limited, Թϴͷ will make contributions to addressing the diversified needs of Canadian patients and their families through the stable supply of high quality drug products and provision of information.
[Please refer to the following notes for further information on Թϴͷ Limited]
Media Inquiries:
Public Relations Department,
Թϴͷ Co., Ltd.
+81-(0)3-3817-5120
< Notes to editors >
Corporate Name : | Թϴͷ Limited |
---|---|
Location : | Ontario, Canada |
President : | Takihiro Hirasawa |
Scope of Business : | Sales and marketing of pharmaceutical products |
Paid-in Capital : | 10 million Canadian dollars |
Date of Establishment : | April 1, 2010 (Local Time) |
Date of Operation Commencement : | May 1, 2010 (Local Time) |