Blackstone to buy Japan clinical trial company CMIC

U.S. investment fund manager to facilitate new drug development by overseas players

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Blackstone sees the health care and pharmaceutical sectors as key priorities. © Reuters

TAITO KUROSE and SHIKO UEDA

TOKYO -- Blackstone will acquire CMIC, a leading Japanese contract research organization that helps drugmakers develop new treatments, the U.S. investment fund manager announced Monday.

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