Thursday 14 February 2013

Japanese pharma firms keen on tie-ups with Indian companies

 Japanese pharmaJapanese pharma companies are keen to collaborate with Indian pharma companies in trade and technology development, said Yasuhiko Shioi, president, Kokando Co. Ltd., leader of the Japanese pharmaceutical delegation to India.

The meeting was organised by industry chamber FICCI in New Delhi.
"Indian and Japanese companies could also undertake joint market research and product development for world market as also jointly develop new technologies," Shioi added.
Toyama, which is recognised as the cluster city of pharmaceutical industry in Japan, has around 100 companies.

"We are looking for long term partnerships with Indian companies. There is immense scope of exporting Japanese products to Indian market and similarly Indian products can be traded in the Japanese market," Hamano International President Shoichiro Hamano said.
He also highlighted availability of huge talent pool for sustaining and growing operations are making India an attractive choice for global pharma companies for investment, tie-ups, mergers and acquisitions.

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