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Fujisawa Pharmaceutical Co., Ltd. And Yamanouchi Pharmaceutical Co., Ltd. Will Establish Zepharma Inc., An OTC Pharmaceutical Company 
10/19/2005 5:11:27 PM

Fujisawa Pharmaceutical Co., Ltd. (TSE: 4511) and Yamanouchi Pharmaceutical Co., Ltd. (TSE: 4503) have reached a definitive agreement to integrate their OTC businesses and establish a new joint venture through Joint Business NewCo Division, as previously announced on October 16, 2003. The board of directors of the Parties made resolutions at their respective board meetings today to this effect.
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