Fujisawa Buys 18.6% Stake In PharMingen

7 April 1996

Japan's Fujisawa Pharmaceutical has made a $10 million equity investment in US biotechnology company PharMingen, giving it an 18.6% stake in the firm. PharMingen is said to be a worldwide market leader in reagents used to study immunology in mouse and rat animal models. Recently it has developed a product line for clinical research which includes monoclonal antibodies used in human leukocyte immunophenotyping.

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