First visit to Parke-Davis by Jokichi Takamine and Matasaku Shiobara, together with Dr. Shibasaburo Kitasato, on the occasion of the 1904 Louisiana Purchase Exposition, St. Louis, Missouri, USA

Sankyo’s History as Parke-Davis's Licensed Distributor in Japan

January 29, 2026
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Sankyo Co., Ltd., a predecessor of Daiichi Sankyo, was founded in 1913. Its development from Sankyo Shoten, an anonymous joint stock company, into an incorporated company was largely driven by its appointment as the sole Japanese licensed reseller for the American company Parke-Davis (currently part of Pfizer after several mergers) in 1902.

The relationship between the two companies deepened when Mr. Matasaku Shiobara, president of Sankyo Shoten, visited Parke-Davis in 1904. Among those who accompanied him was Dr. Shibasaburo Kitasato, a prominent researcher who is featured on Japan’s new 1,000-yen bill, which was introduced in 2024.

Becoming the sole Japanese licensed distributor for Parke-Davis by arrangement of Jokichi Takamine

Sankyo Shoten located in Nihonbashi and Minami-Kayabacho, Tokyo

Sankyo Shoten was jointly funded and established in 1899 by Mr. Matasaku Shiobara and his friends. The company marketed the digestive enzyme Taka-Diastase, developed in the United States (US) by Dr. Jokichi Takamine, who later became the first president of Sankyo Co., Ltd., in Japan.

Meanwhile, Parke-Davis, a pharmaceutical company with a 40-year history, held the right to sell Taka-Diastase in other countries.

In 1902, when Dr. Takamine returned to Japan for the first time in over a decade, the two companies established contact, leading to Sankyo Shoten becoming the sole Japanese licensed distributor for Parke-Davis.

(For more on the story of the establishment and growth of Sankyo Shoten, see: https://www.daiichisankyo.com/our_stories/detail/index_4376.html)

Welcomed visit to Parke-Davis with Dr. Shibasaburo Kitasato

From left: Dr. Shibasaburō Kitasato, Jōkichi Takamine, Dr. Chinjū
Hozumi, Matasaku Shiobara

Soon after, in 1904, Mr. Shiobara traveled to the US with Dr. Shibasaburo Kitasato and jurist Dr. Nobushige Hozumi to attend the St. Louis World’s Fair. During the trip, he and Dr. Kitasato visited the Parke-Davis office.

Dr. Kitasato had previously visited Germany in 1886 and studied with Dr. Robert Koch, a leading researcher in medical microbiology, and in 1889, he succeeded in obtaining a pure culture of the tetanus bacillus. He later applied his discovery of an immune antibody against tetanus bacillus toxin to develop serum therapy for diphtheria, establishing himself as a world-renowned researcher.

Parke-Davis once spread along the Detroit River

Parke-Davis was the first bacterial drug manufacturer licensed by the US government to produce bacterial drugs, and on that visit in 1904, the company cordially welcomed Dr. Kitasato and expressed its profound gratitude to Mr. Shiobara for introducing him.

Dr. Takamine, then serving as a scientific adviser to Parke-Davis, also joined the visit, and the three shared a moment to talk and socialize with Parke-Davis’s executives.

This visit helped strengthen ties between Sankyo Shoten and Parke-Davis and was memorable for both companies. During the visit, Mr. Shiobara was invited aboard the boat of the director and chairman of Parke-Davis and toured Lake Michigan near the company’s headquarters. He cherished a photograph taken during the excursion and reportedly often used it to reminisce about the history of Sankyo.

The photograph cherished by Shiohara Matasaku. From left: Shiobara Matasaku, Dr. Shibasaburō Kitasato, Takamine Jōkichi

Introducing Dr. Kitasato to Parke-Davis president upon his visit to Japan

Parke-Davis visit to Japan in September 1906. From left: President
Ryan's daughter, Matasaku Shiobara, Mrs. Chiyo Shiobara, Henry
George II (U.S. Representative), Jokichi Takamine, Frank G. Ryan

Two years later, in 1906, Parke-Davis President, Frank G. Ryan, visited Japan accompanied by Dr. Takamine. Mr. Shiobara hosted a large welcoming party for the delegation, including US Congressman Henry George, and introduced the delegation to several renowned researchers, including Dr. Kitasato.

Consequently, Mr. Ryan returned home with a deeper understanding of Japan and its pharmaceutical and medical industries.

Messrs. Shiobara and Ryan continued to visit each other, fostering a friendly relationship between their two companies, leading to the establishment of Parke-Davis Sankyo Co., Ltd. in 1960, a joint venture to market Parke-Davis products in Japan, and Sankyo Parke-Davis in 1996, a company that promoted antidiabetic and antihypertensive drugs in the US.

Park Davis President Loynd and Marunouchi Sankyo Pharmacy
President, Manpei Suzuki, in front of the pharmacy (January 1952)

In January 2001, Sankyo Parke-Davis was voluntarily dissolved when Sankyo Pharma Inc. (now Daiichi Sankyo, Inc.), the US subsidiary of Sankyo, acquired Pfizer’s shares in the company.

In Daiichi Sankyo's consolidated business results for the fiscal year ending March 31, 2025, the US market accounted for 34% of its annual sales, and the first steps taken by Mr. Shiobara over 120 years ago laid the foundation for Daiichi Sankyo’s enduring presence in the US market.

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