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I'rom Holdings Co Ltd's Subsidiary to Form Capital and Business Alliances with Medicross Corp


Thursday, 31 Oct 2013 01:30am EDT 

I'rom Holdings Co Ltd announced that its Tokyo-based subsidiary will form capital and business alliances with Medicross Corp. Through the capital alliance, the subsidiary will issue 200 shares to Medicross and Medicross will hold 20.0% stake in the subsidiary with the Company's stake decreasing from 100% to 80.0%. Through the business alliance, the two companies will cooperate in contract research organization (CRO) business, including source data verification (SDV) specialization clinical test, clinical research using remote system, post-marketing and information security areas. 

Company Quote

724.0
-16.0 -2.16%
8:03pm EDT