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JV moves Immucor closer to direct presence in Japan:

This article was originally published in Clinica

Executive Summary

Immucor is to take a majority interest in a new joint venture with the Japanese distributor of its blood transfusion diagnostics, Kainos Laboratories. It will pay $3.7m for a 51% initial stake in the venture, which will assume responsibility for Immucor's distribution in Japan. Eventually, the Norcross, Georgia-based company expects to buy the business outright and assume direct distribution of its products in Japan, the third-largest transfusion diagnostics market after the US and Europe.

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