Fujifilm plans to purchase Merck’s biotech-drug makers

Feb 28th, 2011

crwebusinessnewsnewswire

Japan’s Fujifilm, has been diversifying into health care, Monday said that it would buy U.S. and British biopharmaceutical businesses from America’s Merck for a reported half a billion U.S. dollars.

The Japanese film and camera maker said that it would purchase all the shares of Diosynth RTP Inc. of the United States and of Britain’s MSD Biologics Ltd. from Merck, with no disclosure of the purchase price.

Fujifilm had agreed to pay about $490 million for the two arms of the Merck BioManufacturing Network, the Nikkei business daily said.

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