- CEO
- Itsuro Yoshida
- Full Time Employees
- 4,923
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- 2-11, Shinbashi-cho Kadoma Japan 571-8580
- IPO Date
- Apr 5, 2004
- Business
- Towa Pharmaceutical Co., Ltd. (4553.T) manufactures and sells generic ethical drugs in Japan and overseas. The company, founded in June 1951 and incorporated in April 1957, is headquartered in Kadoma, Osaka, Japan, and operates plants including Osaka, Okayama, and Yamagata facilities; it lists on the Prime section of the Tokyo Stock Exchange. Towa offers over 730 products covering therapeutic areas such as lifestyle-related diseases including hypertension and diabetes, digestive system diseases, nervous system diseases, allergic diseases, vitamins, antibiotics, and oncology products; formulations include tablets, capsules, injectables, patches, and eye drops.
Towa maintains domestic sales to medical institutions, wholesalers, and manufacturers through sales offices, while its overseas segment handles generic sales, contract research, and development and manufacturing via subsidiaries. Key subsidiaries encompass J-DOLPH Pharmaceutical for ethical drugs, Daichi Kasei for active pharmaceutical ingredients and intermediates, Greencaps Pharmaceutical for soft capsules, Towa Pharma International Holdings as EU/US regional headquarters, Protosera for disease risk testing and R&D support, Sunsho Pharmaceutical for health foods and OEM manufacturing, T Square Solutions for healthcare IT services, and Kyushu Iyaku for ethical and quasi drugs.
Recent developments include approval for six generic ingredients and ten new items in August 2024, enhancing the product lineup; expansion of B2B business to 39 countries; initiation of global product development; and promotion of joint ventures leveraging overseas manufacturing technologies. Towa is strengthening its overseas generics presence through portfolio enrichment in gastrointestinal, metabolic, circulatory, skin, urology, and infectious disease areas, alongside construction of distribution centers and capacity increases to 17.5 billion tablets annually. Overseas, Towa International advances high-containment area investments exceeding 10 million euros at its Barcelona plant for highly potent oncology and immunosuppressant medicines, targeting operational status in 2026 with enhanced production capacity.