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Toho Pharmaceutical, Ohki to Form Strategic Business Alliance

June 27, 2005

Toho Pharmaceutical and Ohki announced that they have agreed to form a strategic business alliance. Specifically, the two companies will swap shares with each other. Further, they will collaborate in sales as well as employee training. Details of the alliance will be discussed going forward. Ohki is a Tokyo-based drug wholesaler specializing in over-the-counter drugs.

Japan Corporate News Network (http://www.japancorp.net/Article.Asp?Art_ID=10301)