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Corporate Philosophy and Vision, Brand Mark, Business Management Goals and Other Policies of Mitsubishi Tanabe Pharma Corporation

OSAKA, Japan, May 16, 2007-Tanabe Seiyaku Co., Ltd., and Mitsubishi Pharma Corporation will merge on Oct. 1, 2007 to form Mitsubishi Tanabe Pharma Corp. subject to approval by their respective annual general shareholders' meetings.

For full release, see attachment.

Posted: May 2007