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Tuesday, December 12, 2023

Rohto and Euglena form capital and business alliance! Promoting Collaboration to Realize a Well-Being Society

Rohto Pharmaceutical and Euglena sign a capital and business alliance agreement to promote collaboration for the realization of a sustainable society!
Under the management vision of "Connect for Well-being," Rohto has been developing various businesses, including eye care, skin care, and internal medicines, mainly in the health and beauty care field, while Euglena has been developing health care and biofuel businesses using microalgae Euglena under the slogan of "Sustainability First. Rohto will promote various collaborations and strengthen partnerships by combining the strengths of Rohto, which has developed various businesses, including eye care, skin care, and internal medicines, mainly in the area of health & beauty care, and the strengths of Euglena, which has developed health care and biofuel businesses using microalgae Euglena under the slogan "Sustainability First.


Both Rohto and Euglena are developing their businesses in various areas with the aim of realizing a sustainable society.
Rohto has set forth the Group's comprehensive management vision for 2030, "Connect for Well-being," and is taking various approaches centered on health so that each and every one of us can live vibrantly both physically and mentally (*1). Euglena Company has also defined "Sustainability First" as its Euglena Philosophy on the occasion of its 15th anniversary in 2020, and is developing its business with the aim of "making people and the Earth healthier" (*2).

Rohto and Euglena have entered into this capital and business alliance in the belief that they can accelerate the realization of a sustainable society by fully utilizing the know-how and strengths that both companies have cultivated in their respective businesses and by promoting collaboration in various business areas and R&D.

The scope of the business alliance includes planning and sales collaboration for healthcare-related products, joint research on cosmetic ingredients and health foods utilizing algae, and consideration of collaboration in the Yaeyama region and Asia. The results of the alliance will be announced as they become more concrete.

*1 https://www.rohto.co.jp/company/vision2030/
*2 https://www.euglena.jp/companyinfo/sustainability/

<Masashi Sugimoto, President and Representative Director, Rohto Pharmaceutical Co.

We have been conducting research in the field of algae, including the establishment of an algae research center in Okinawa, as a field with even more potential in the future. Euglena has excellent functional ingredients, and we expect to collaborate with them in the healthcare field, including supplements and cosmetics. We are looking forward to the partnership with Euglena, as we share the same desire to manage our business based on health. In the environmental field, we have been promoting many initiatives for a sustainable global environment, such as being one of the first to introduce refillable containers in the cosmetics market and adding a smart factory in 2022 that is friendly to both people and the environment. We share Euglena's commitment to the environment through the use of biofuels and look forward to working with the leading company in Japan's environmental business.

<Comments by Mitsuru Izumo, President and Representative Director, Euglena Co.

We have been conducting research and development with a focus on sustainability, and have developed our healthcare business and biofuel business, among others. We are very pleased to be working with Rohto, a senior company that has continued to innovate and promote evidence-based research and development. We believe that combining the strengths of both companies will truly embody SDG 17, "Partnership," and we are excited about the prospect of taking a major step toward the realization of "Sustainability First.

About Rohto Pharmaceutical Co.

The company was founded in 1899 with the launch of "Gastric Life" in response to the health challenge of the time, the spread of stomach ailments. Since then, with "health" as the core value of its business, the company has expanded its business into the area of regenerative medicine by promoting not only functional foods but also food business such as primary industry and restaurants, and cutting-edge life science research, centering on its health and beauty business centering on OTC drugs and skin care.
We contribute to the "Well-Being" of all individuals and society based on our business strengths and cultural characteristics such as "health," "beauty," "high quality based on science," and "a corporate culture where each individual is autonomous and continues to take on challenges.https://www.rohto.co.jp/

About Euglena Co.

In 2005, we succeeded in establishing the world's first outdoor mass cultivation technology for microalgae euglena (Japanese name: Midori Mushi) for food use. In addition to developing and marketing food products and cosmetics that utilize microalgae euglena and chlorella, we also manufacture and develop biofuels and provide genetic analysis services.
In addition, since 2014, we have been continuously implementing the Euglena GENKI Program to deliver euglena cookies, which are rich in nutrients, to children in Bangladesh. We have defined "Sustainability First" as the Euglena Philosophy and are developing our business.

name of companyEuglena Co.
EstablishmentAugust 2005
LocationG-BASE Tamachi, 5-29-11 Shiba, Minato-ku, Tokyo
representativeMitsuru Izumo
uniform resouce locatorhttps://euglena.jp
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