Suzuken Co., Ltd. (TSE:9987) agreed to acquire 49% stake in EP-PharmaLine Co., Ltd. from EPS Holdings, Inc. on December 24, 2021. Suzuken will acquire 40,861 shares of EP-PharmaLine. EP-PharmaLine reported sales of ¥9.6 billion for the fiscal year ended September 2021.

Schedule date of conclusion of share transfer agreement is December 24, 2021, and transaction is expected to complete in mid-January 2022.