Meiji Seika Pharma Co., Ltd. (Meiji Seikaファルマ株式会社), formerly Meiji Seika Kaisha, Ltd. (明治製菓株式会社) is a Japanese pharmaceutical company. It is currently a subsidiary of Meiji Holdings[1] and a Japanese leader in the area of infectious disease with 18% market share. It markets treatments for depression, obsessive-compulsive disorder, vaccines, and allergy drugs. Meiji Pharma is doing research in generic anticancer drugs and biosimilars with partner organisations.[2]
They acquired the Stauffer Biscuit Company based in York, Pennsylvania, US, in 2004.[3]
On April 1, 2009, Meiji Seika Kaisha, Ltd. and Meiji Dairies Corporation established a joint holding company, Meiji Holdings, which is a constituent of the Nikkei 225 index. Two years later on the day, the food and healthcare business was taken over by Meiji Dairies to form "Meiji Co., Ltd.", and Meiji Seika was reorganized to a pharmaceutical company "Meiji Seika Pharma Co., Ltd." In 2014, Meiji acquired Medreich for $290 million, an Indian company active in selling generic pharmaceuticals to Europe, Asia, and Africa.[4]
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References
- Meiji Seika Pharma Co., Ltd. www.meiji.com, retrieved 2020-10-01^
- Top Global Pharmaceutical Company Report - The Pharma 1000 Torreya, retrieved 19 August 2022^
- Stauffer's Original Animal Crackers History www.stauffers.com, retrieved 2020-10-01^
- Japan's Meiji Holdings acquires Medreich for Rs 1,720 crore The Economic Times, 12 June 2014, retrieved 19 August 2022^