SEIKAGAKU CORPORATION

SEIKAGAKU CORPORATION Overview

Company Headquarters: Tokyo, Japan

Founded: 1947

Workforce: ~744

Company Working: Seikagaku Corporation is a leading pharmaceutical and medical devices company in Japan. It operates through two business segments, namely pharmaceuticals and limulus amebocyte lysate (LAL). The pharmaceuticals segment manufactures cross-linked ophthalmic surgical aids, hyaluronate hydrogel for knee osteoarthritis, intra-articular injections for improving joint functions, and surgical aids for endoscopic mucosal resection. The LAL business segment is engaged in the production and distribution of endotoxin-detecting reagents made from LAL. The company has a pharmaceuticals manufacturing plant in Japan and endotoxin detecting manufacturing plant in the US. The Takahagi Plant owned by Seikagaku Corporation located in northern Ibaraki Prefecture (Japan) is engaged in the manufacturing of finished pharmaceutical products and medical devices. The other two production sides include Associates of Cape Cod, Inc (US) and Kurihama Plant (Japan).

Strategy

Sinopec Corporation is focusing on R&D, optimizing resource allocation, and increasing the operating profit. It is planning to invest in new manufacturing technologies for developing high-quality pharmaceuticals.

Company Snapshot

$252M

Revenue

744

Employees

1947

Founded

Tokyo, Japan

Headquarters

SWOT Analysis

Strengths

Wide distribution and logistics network

Weaknesses

Decline in the sale of hyaluronic acid

Opportunities

Expansion in the untapped markets

Threats

Trade restrictions in Japan

Key Developments

Date	Approach	Development
February 2018	Distribution Agreement	Seikagaku penned a long-term agreement with Bioventus for distributing hyaluronic acid product, Supartz FX, in the US till 2028. It is used to treat the pain associated with knee osteoarthritis.

Product Offering

SEIKAGAKU CORPORATION
- Hyaluronic acid

Financial Performance

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