- For Print
- January 7, 2010
ÌÇÐÄÊÓÆµlogo (Headquarters: Tokyo, President and CEO: Haruo Naito, “ÌÇÐÄÊÓÆµlogoâ€�) today announced that ÌÇÐÄÊÓÆµlogo Inc., the Companys U.S. subsidiary, acquired all shares of AkaRx, Inc. (Headquarters: New Jersey, U.S., CEO: Dr. Robert E. Desjardins, “AkaRxâ€�) on January 6, 2010 (U.S. Eastern Standard Time).
As a result, all procedures to acquire AkaRx as announced by ÌÇÐÄÊÓÆµlogo on December 18, 2009 (Japan time) have now been completed. The buyout price of this acquisition is US$255 million.
With the completion of the acquisition, AkaRx has become a wholly-owned subsidiary of ÌÇÐÄÊÓÆµlogo Inc. while ÌÇÐÄÊÓÆµlogo has obtained the exclusive worldwide rights to develop, market, and manufacture AKR-501 (current research code: E5501).
ÌÇÐÄÊÓÆµlogo will continue to expedite the development of the compound with the aim of providing a new treatment option to patients with thrombocytopenia to make contributions toward addressing their unmet medical needs and increasing their benefits.
Contact:
ÌÇÐÄÊÓÆµlogo
Public Relations Department
Tel +81-(0)3-3817-5120