Japan CDMO
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Japan API and CDMO M&A: Carve-Outs of Pharma Plants and Entry by Foreign CDMOs and Funds
(USD figures are converted at USD/JPY = 150 for reference and rounded. Company fiscal years are shown as FY2026/3, meaning the fiscal year ended March 2026. Japanese government statistics on pharmaceutical production are for calendar years. Other currencies are shown as disclosed.) In Japan API and CDMO M&A, Towa Pharmaceutical agreed in July 2026 to…