Enzo Biochem Inc. (ENZ) Expands Business Agreement with Cosmo Bio Co.
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Enzo Biochem Inc. (NYSE: ENZ) announced an expanded business arrangement between its wholly owned subsidiary, Enzo Life Sciences, and Tokyo-based Cosmo Bio Co., Ltd. (JASDAQ: 3386).
Under the terms of the arrangement, Cosmo Bio—a distributor of Enzo Life Sciences products in Japan for over 20 years—will assume a leadership position in Japan in the promotion, sales, and high level technical and customer support for Enzo Life Sciences products. In addition, Enzo will make Cosmo Bio’s extensive catalog of Japanese manufactured research biotools, for which it is a leading distributor, available to researchers around the world through Enzo’s extensive global distribution network. This arrangement materially widens the span of biosciences products offered by both companies and increases the accessibility of the collective portfolio to customers worldwide.
Under the terms of the arrangement, Cosmo Bio—a distributor of Enzo Life Sciences products in Japan for over 20 years—will assume a leadership position in Japan in the promotion, sales, and high level technical and customer support for Enzo Life Sciences products. In addition, Enzo will make Cosmo Bio’s extensive catalog of Japanese manufactured research biotools, for which it is a leading distributor, available to researchers around the world through Enzo’s extensive global distribution network. This arrangement materially widens the span of biosciences products offered by both companies and increases the accessibility of the collective portfolio to customers worldwide.
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