TOKYO -- Japanese drugmaker Otsuka Pharmaceutical has acquired U.S. women's health food company Bonafide Health for $425 million, its parent Otsuka Holdings announced on Friday, in a move to diversify its portfolio of women's health food products.
Business deals
Japan's Otsuka buys U.S. supplement maker Bonafide Health for $425m
Drugmaker aims to expand health food for women with its unit Pharmavite
Otsuka Pharmaceutical has been expanding its business of women's health food products and other fields through M&A. (Photo by Kohei Yamada)
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