March 28, 2017 / 8:46 AM / 5 months ago

BRIEF-Mitsubishi Tanabe Pharma to sell drug sales unit to Nipro after company division

March 28 (Reuters) - Mitsubishi Tanabe Pharma Corp :

* Says the co will transfer generic drug business and part of long-listed drugs business to its wholly owned unit, an Osaka-based drug sales firm, via company division

* Says the co plans to sell 100 percent stake in the drug sales unit to Nipro Corp

* Says effective Oct. 1

Source text in Japanese:goo.gl/TD4icm

Further company coverage: (Beijing Headline News)

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