GC Corporation would like to announce that it has agreed with Olympus Terumo Biomaterials Corporation (hereinafter referred to as "OTB") to succeed those businesses of the development, manufacturing and sales of such biomaterials as Teruplug (protective material for extraction wounds primarily for dentistry), Terudermis (graft for dermal defects primarily for plastic surgery and emergency medical treatment), etc. as well as the dental product sales business which OTB handles in the collagen business etc. through an absorption-type company split with the aim of further enhancement of the businesses of OTB and GC.