Shin Nippon Biomedical Laboratories, Ltd. (JP:2395) has released an update.
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Shin Nippon Biomedical Laboratories, Ltd. (SNBL) is set to invest in South Korean firm WOOJUNG BIO to consolidate its agency functions and expand its presence in the Korean market. The investment involves acquiring a 5.6% stake in WOOJUNG BIO, aiming to enhance SNBL’s services in drug development. This strategic move is expected to strengthen their partnership and meet growing market demands.
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