Fujifilm Holdings (Fuji Film HD) reached a cooperation intention with China's comprehensive enterprise China Resources (Group) Co., Ltd. on November 10, 2016. The two sides will conduct comprehensive business cooperation around the medical and health field. Prior to the completion of the cooperation intention, Fujifilm's Fujifilm Company invested approximately 820 million Hong Kong dollars on China Resources Pharmaceutical Group Co., Ltd., a pharmaceutical company affiliated to China Resources Group, on October 28, 2016. The investment is focused on the full-scale business cooperation between Fujifilm HD and China Resources Group, and Fujifilm hopes to further expand its business in the Chinese market in the future. After this cooperation intention, Fujifilm HD and China Resources Group will conduct extensive cooperation in the field of medical and health including the following topics. In addition, extensive cooperation will be carried out outside the health care field. Chairman of China Resources Fu Yuning (left) and Fujifilm representative chairman and CEO Gusen Heavy (right) (1) Carrying out medical services such as medicines (low molecular drugs, antibody drugs, biosimilars), regenerative medicine, and medical devices owned by Fujifilm Group in the Chinese market.
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