News Release
Maruho Establishes New US Subsidiary,"Maruho America Inc."
Osaka (Japan), July 1, 2019 - Maruho Co., Ltd. ("Maruho", Head Office: Osaka, Japan, President and CEO: Koichi Takagi) announces the establishment of "Maruho America Inc." in Massachusetts, US. "Maruho America Inc." is a wholly owned subsidiary of Maruho and commences operations as of July 1, 2019.
1. Purpose of establishment
Maruho has listed "Global Business" as one of the four key phrases in its "Long-term Vision 2011". By establishing "Maruho America Inc.", Maruho will work to further contribute to patients suffering from skin diseases through pharmaceutical business development in the US.
2. Profile of US Subsidiary
(1) Corporate Name | Maruho America Inc. |
(2) Location | Woburn, Massachusetts, US |
(3) Managing Director | Tadao Yoshihara |
(4) Scope of Business | Pharmaceutical business development |
(5) Date of Establishment | June 7, 2019 |
(6) Date of Operation Commencement | July 1, 2019 |
(7) Shareholder and shareholding ratio | Maruho Co., Ltd. 100% |