MTP to Transfer Ingredient Manufacturing to API Corporation
Mitsubishi Tanabe Pharma is to pull out of the fine chemicals industry and transfer all pharmaceutical ingredient manufacturing to a subsidiary.
Japanese firm Mitsubishi Tanabe Pharma (MTP) is to pull out of the fine chemicals industry and transfer all pharmaceutical ingredient manufacturing to a subsidiary.
MTP will transfer pharmaceutical ingredient manufacturing and sales operations to API Corporation in Osaka, while food chemical operations will go to Taisho Technos in Tokyo.
API is a subsidiary of Mitsubishi Chemical Corporation, whose business is centred on healthcare and fine chemicals. The firm says it aims to become a 'creative, r&d-oriented company in the field of speciality fine chemicals’ and contribute to a ‘higher quality of life for people throughout the world’.
Taisho Technos is a subsidiary of Mitsui Sugar and ai
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