Kyowa Kirin sells China business in strategic biotech play
In Singapore, a division of Kyowa Kirin (TYO:4151) has announced plans to sell the firm’s Chinese business while reducing focus on small molecules, as part of a regional overhaul.
New collaborations aimed at creating more sustainable and profitable operations in the region are being forged under the firm’s “Vision 2030” plan.
Kyowa will partner with DKSH Holding (SWX: DKSH) and Hong Kong-based Winhealth Pharma to expand the reach of its established medicines.
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