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Business alliance2385Soiken Holdings Inc.Information and Communications, Services and Others

Notice Regarding the Execution of an Agreement Establishing a Joint Research Framework with Major Chinese Pharmaceutical Company Sichuan Kelun Pharmaceutical Group for New Functional Materials

SOKEN Holdings entered into a framework agreement with Kelun Yongnian and Siniti to jointly advance the development of new functional materials, from research and development and functional evaluation through commercialization and business development. Following clinical research and the establishment of scientific evidence in Japan, the parties will also consider cross-border e-commerce expansion into the Chinese market.

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Agreements reached under this partnership

Business alliance
2385Soiken Holdings Inc.
Alliance partnerKelun Yongnian Health Industry Co., Ltd. / Siniti Biotechnology Co., Ltd.
Details of the alliance
  1. 1

    Promotes the research and development of new functional materials and supports their expansion into the Japanese market by leveraging its research and development platform.

  2. 2

    Acts as the liaison between Kelun Yongnian and the SOKEN Holdings Group, handling communication between Japan and China and coordinating the project.

  3. 3

    The SOKEN Holdings Group will establish scientific evidence through clinical research and functional evaluation in Japan and promote the commercialization and business development of products in the Japanese market.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionEngages in the research and development and commercialization of new food and health-food ingredients. / Focuses on the pharmaceutical field between Japan and China, supports Chinese pharmaceutical companies' entry into the Japanese market, and promotes the research and development of new drugs.
LocationChina
Impact on Business Performance

We believe that advancing research and development and commercialization under this agreement will contribute to improvements in our business performance and corporate value over the medium term. The impact on performance for the current fiscal year is currently under review.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerKelun Yongnian Health Industry Co., Ltd., Siniti Biotechnology Co., Ltd.
Alliance partner's business activitiesEngages in the research and development and commercialization of new food and health-food ingredients., Focuses on the pharmaceutical field between Japan and China, supports Chinese pharmaceutical companies' entry into the Japanese market, and promotes the research and development of new drugs.
Alliance partner's locationChina
Type of allianceBusiness alliance
Details of the alliancePromotes the research and development of new functional materials and supports their expansion into the Japanese market by leveraging its research and development platform., Acts as the liaison between Kelun Yongnian and the SOKEN Holdings Group, handling communication between Japan and China and coordinating the project., The SOKEN Holdings Group will establish scientific evidence through clinical research and functional evaluation in Japan and promote the commercialization and business development of products in the Japanese market.
Impact on Business PerformanceWe believe that advancing research and development and commercialization under this agreement will contribute to improvements in our business performance and corporate value over the medium term. The impact on performance for the current fiscal year is currently under review.
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To promote the commercialization of new functional materials by combining Sichuan Kelun Pharmaceutical Group's research, development and manufacturing capabilities with the SOKEN Holdings Group's expertise in clinical research, functional evaluation and the establishment of scientific evidence in Japan.

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Notice Regarding the Execution of an Agreement Establishing a Joint Research Framework with Major Chinese Pharmaceutical Company Sichuan Kelun Pharmaceutical Group for New Functional Materials | Soiken Holdings Inc. (2385) timely disclosure | Komori