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Mitsubishi Tanabe Pharma Corporation Announces Its Establishment

OSAKA, Japan, Oct. 1, 2007--Mitsubishi Tanabe Pharma Corporation (Osaka, Japan; President, Representative Director & CEO, Natsuki Hayama) announced today that the company was created through the merger of Tanabe Seiyaku Co., Ltd. and Mitsubishi Pharma Corporation.

Mitsubishi Tanabe Pharma Corporation will work on R&D for the creation of new drugs which are globally competitive as well as using business platform strengthened by this merger to accelerate the development of business operations overseas and establish at an early stage a position as an international drug discovery corporation aiming at the future.

In addition, the company will also be positive in taking up the challenges presented by new business opportunities in response to changes in medical environment, such as generic business and personalized medicine. Along with contributing to the health of people around the world, Mitsubishi Tanabe Pharma Corporation will continuously develop activities in order to maximize corporate value.

Please see the attachment for the complete press release.

Contact for further information on this press release:
Corporate Communications Department
Mitsubishi Tanabe Pharma Corporation
Tel: +81-6-6205-5211

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