10/19/2005 5:12:51 PM
Tokyo (JCNN) - Daiichi Pharmaceutical (TSE: 4501) and Sankyo (TSE: 4505) have announced that they have concluded a basic agreement to integrate their businesses on February 25, 2005.
They will establish a joint holding company, Daiichi Sankyo, on October 1. The two companies will consolidate their prescription pharmaceuticals businesses by April 2007.
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