AIN PHARMACIEZ TO ABSORB SRL'S DISPENSING PHARMACY SUBSIDIARIES

AIN Pharmaciez has decided to acquire Rejoice and Rejoice Pharmacy by mid-March to April. The two companies are subsidiaries of SRL, a Tokyo-based clinical testing service provider. Currently, Rejoice and Rejoice Pharmacy are deploying dispensing pharmacies in Japan; Rejoice has 16 stores in the Kanto area while Rejoice Pharmacy maintains 14 in the Kansai area.

Investors.com (http://www.investors.com/breakingnews.asp?journalid=25026259&brk=1)