Health
Japan Drugmaker Eyes Over $12 Million in Pill Recall
- Kobayashi Pharmaceutical to compensate those affected
- Substance has long been used as coloring in Asian cooking
People enter Kobayashi Pharmaceutical's annual general meeting in Osaka, Japan on March 28.
Source: JIJI Press/Getty Images/GettyThis article is for subscribers only.
Japan’s Kobayashi Pharmaceutical Co. expects to spend more than 1.8 billion yen ($12 million) on a recall for health supplement products that have so far left five people dead and 114 hospitalized, the company said on Friday.
The maker of health supplements and other drugstore products will compensate roughly 680 consumers who reported health problems after using the product made with red yeast, including medical treatment costs, President Akihiro Kobayashi said at a news conference in Osaka, where the company is based.