Asahi Kasei Pharma Acquires Artisan Pharma, Inc. to Establish U.S. Presence
by RealPTC Expert
Asahi Kasei Pharma Corp. today announced its acquisition of Artisan Pharma, Inc., establishing it as a wholly-owned subsidiary. As part of this acquisition, Artisan has changed its name to Asahi Kasei Pharma America Corp. (AKP America). The transaction establishes a United States presence for Asahi Kasei Pharma and also provides access to the global development and commercialization of ART-123 (recombinant human thrombomodulin alpha, marketed as Recomodulin(R) in Japan) in severe sepsis patients with coagulopathy. Asahi Kasei Pharma established Artisan Pharma (now AKP America) in 2006 with several venture capital firms, licensing ART-123 to Artisan for global development.
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