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Korea M&A Corporation
GlaxoSmithKline (GSK) and OncoMed Pharmaceuticals (OncoMed) today announced a worldwide strategic alliance to discover, develop and market novel antibody therapeutics to target cancer stem cells which are believed to play a key role in the establishment, metastasis and recurrence of cancer. The alliance with GSK will be conducted through its Center of Excellencefor External Drug Discovery (CEEDD..
TOKYO — Ajinomoto Co said Thursday it will form a capital and business alliance with Japanese processed food maker Yamaki Co in an attempt to enhance its food operations. Ajinomoto, Japan's largest seasoning maker, said it plans to acquire a 33.4% stake in Yamaki, based in the city of Iyo, Ehime Prefecture, by the end of March 2007.
Hokuetsu Paper Mills Ltd. said Tuesday it has reached a basic agreement to conclude an operational alliance with Nippon Paper Industries Co. Hokuetsu and Nippon Paper Industries, a wholly owned subsidiary of Nippon Paper Group Inc., plan to mutually supply products under each other's brands, jointly procure materials and fuel and streamline distribution systems. The two companies expect to achie..