News Releases

Mochida Pharmaceutical Plant to Commence Operations
Independent of the Drug Manufacturing Division of Mochida Pharmaceutical

(Tokyo, March 31, 2005) - Mochida Pharmaceutical Plant Co., Ltd. (established April 2004; President: Ryo Tanaka) has announced that it has successfully branched out from the Drug Manufacturing Division of Mochida Pharmaceutical Co., Ltd. (President: Naoyuki Mochida) and will start its own business operations on April 1st, 2005.

[Corporate information overview]
Company name: Mochida Pharmaceutical Plant Co., Ltd.
Business description: Production, sales, import, and export of pharmaceutical products
Date of establishment: April 1st, 2004
Business Start Date: April 1st, 2005
Location: 431 Nakatawara, Otawara-City, Tochigi Prefecture, Japan
Representative: Ryo Tanaka, President
Capital: 500 million yen
Number of employees: About 160
URL: http://mpp.mochida.co.jp (commencing April 1st)

Mochida Pharmaceutical Plant is furnished with highly advanced technologies, drawn together and honed throughout its long history as a new-drug manufacturer of enzyme/protein and biological preparations and other medications. The site is further equipped with a newly-constructed injection plant, designed for manufacturing products that meet and surpass today's global standards.

High-quality control systems are also in place - taking advantage of many years of experience - including a specialized system that controls processes all the way from receiving materials to the shipping of completed products. Further, the plant can offer top-flight outsourced manufacturing right from the development stage, drawing from Mochida's experience in the development of formulation technologies for new drugs.

The Mochida Pharmaceutical Plant's integrated organization and systems make it ideal for outsourced pharmaceutical manufacturing, offering high quality product manufacturing at reasonable prices, all with the backing of reliable quality assurance and advanced drug-manufacturing technologies.

In conjunction with its system commencement, its original web page is set for launch on April 1st.