
US cold chain technology firm Ember LifeSciences has struck a capital and business alliance with Alfresa, Japan's largest pharmaceutical wholesaler. The deal hands the Los Angeles company a strategic investor, an exclusive distributor and a route into one of the world's biggest and most demanding drug markets.
Alfresa is a subsidiary of Tokyo-listed Alfresa Holdings (TSE: 2784), which reported revenue of 3.1 trillion yen ($20 billion) for the year to March 2026. It will invest in Ember's series A preferred stock and take exclusive rights to sell Ember's healthcare products across Japan's health sector.
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