The Los Angeles Post
U.S. World Business Lifestyle
Today: April 14, 2025
Today: April 14, 2025

Japan's Ajinomoto to buy US-based Forge Biologics for $546 million

Ajinomoto Co. displays the company's leading product 'Ajinomoto Monosodium Glutamate Seasoning' at AJINOMOTO Umami Science Square in Kawasaki
April 26, 2024
Reuters - Reuters

TOKYO (Reuters) - Japan's Ajinomoto said on Monday it agreed to acquire U.S.-based genetic medicines maker Forge Biologics Holdings for 82.8 billion yen ($546 million).

The transaction is expected to be completed in December 2023 pending regulatory approvals, Ajinomoto said a release.

($1 = 151.7400 yen)

(Reporting by Mariko Katsumura and Rocky Swift in Tokyo; Editing by Tom Hogue)

Related Articles

Activist investor Keith Meister to join Illumina's board 23andMe's journey from DNA testing pioneer to bankruptcy PE firm Clearlake to buy Dun & Bradstreet for $4.1 billion in cash Novo bets on 'triple G' obesity drug in up to $2 billion deal with Chinese biotech
Share This

Popular

Asia|Business|Political|Travel|World

India and China discuss resuming flights, no date set

India and China discuss resuming flights, no date set
Asia|Business|Economy|Finance

Japanese government bonds 'within range' as investment target, says Norinchukin's new head

Japanese government bonds 'within range' as investment target, says Norinchukin's new head
Asia|Business|Economy|Political|World

China, Vietnam sign agreements on supply chains, railway cooperation

China, Vietnam sign agreements on supply chains, railway cooperation
Asia|Business|Economy|US|World

What are the thorny farm issues in India-US trade negotiations?

What are the thorny farm issues in India-US trade negotiations?

Asia

Asia|Crime|Election|Political|World

Rebellion trial opens for South Korea's ousted president. Here's what to know

Rebellion trial opens for South Korea's ousted president. Here's what to know
Asia|Business|Economy|MidEast|Political

Oil rises on tariff exemptions and Chinese imports rebound

Oil rises on tariff exemptions and Chinese imports rebound
Asia|Business|Economy

South Korea, Vietnam agree to boost economic ties amid looming US tariffs

South Korea, Vietnam agree to boost economic ties amid looming US tariffs
Asia|Business|Economy|Entertainment|Europe|Technology

Sony hikes PlayStation 5 price by 11% in Europe

Sony hikes PlayStation 5 price by 11% in Europe

Access this article for free.

Already have an account? Sign In