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Tokuyama Acquires JSR’s In Vitro Diagnostics Business to Boost Healthcare Domain

Story Highlights

An announcement from Tokuyama ( (JP:4043) ) is now available.

Tokuyama Corporation announced its acquisition of JSR Corporation’s in vitro diagnostics and pharmaceutical materials businesses, aiming to enhance its healthcare domain. This strategic move is expected to accelerate product development, generate synergies, and expand market reach in Japan, Korea, and China, positioning Tokuyama as a significant player in the healthcare industry.

More about Tokuyama

Tokuyama Corporation operates in the electronics, healthcare, and environment industries, focusing on products such as in vitro diagnostics and diagnostic pharmaceutical materials. The company aims to expand its healthcare domain and increase its growth business sales to over 60% by 2030.

YTD Price Performance: 9.94%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.31B

See more data about 4043 stock on TipRanks’ Stock Analysis page.

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