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Business alliance2929Pharma Foods International Co.,Ltd.Food

Notice of Execution of an Exclusive License Agreement Relating to Adrenomedullin

Pharma Foods International entered into an exclusive license agreement with ひむかAMファーマ and the National Cerebral and Cardiovascular Center for the development and commercialization of a CADASIL treatment using naturally occurring human adrenomedullin. Through the agreement, it acquired exclusive rights to practice the relevant patents and use the clinical trial data in Japan, South Korea and Taiwan.

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Agreements reached under this partnership

Business alliance
2929Pharma Foods International Co.,Ltd.
Alliance partnerひむかAMファーマ Co., Ltd. / National Research and Development Agency National Cerebral and Cardiovascular Center
Details of the alliance
  1. 1

    Execution of an exclusive license agreement relating to the development and commercialization of a CADASIL treatment using naturally occurring human adrenomedullin

  2. 2

    Acquisition of exclusive rights in Japan, South Korea and Taiwan to practice patents relating to adrenomedullin and use the associated clinical trial data

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 DescriptionA venture company originating from the University of Miyazaki that promotes drug discovery research. Through pharmaceutical development and licensing relating to adrenomedullin, it aims to create new treatment options for diseases with significant unmet medical needs. / A national research and development agency established to overcome cardiovascular and cerebrovascular diseases, with an integrated research structure covering basic through clinical research. It promotes cutting-edge research and medical care relating to cardiovascular and cerebrovascular diseases.
LocationMiyazaki, Miyazaki Prefecture / Suita, Osaka
Impact on Business Performance

The impact of this matter on results for the current fiscal year is expected to be minor, but the company believes it will contribute to an increase in corporate value over the medium to long term.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerひむかAMファーマ Co., Ltd., National Research and Development Agency National Cerebral and Cardiovascular Center
Alliance partner's business activitiesA venture company originating from the University of Miyazaki that promotes drug discovery research. Through pharmaceutical development and licensing relating to adrenomedullin, it aims to create new treatment options for diseases with significant unmet medical needs., A national research and development agency established to overcome cardiovascular and cerebrovascular diseases, with an integrated research structure covering basic through clinical research. It promotes cutting-edge research and medical care relating to cardiovascular and cerebrovascular diseases.
Alliance partner's locationMiyazaki, Miyazaki Prefecture, Suita, Osaka
Type of allianceBusiness alliance
Details of the allianceExecution of an exclusive license agreement relating to the development and commercialization of a CADASIL treatment using naturally occurring human adrenomedullin, Acquisition of exclusive rights in Japan, South Korea and Taiwan to practice patents relating to adrenomedullin and use the associated clinical trial data
Impact on Business PerformanceThe impact of this matter on results for the current fiscal year is expected to be minor, but the company believes it will contribute to an increase in corporate value over the medium to long term.
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.

The company will develop and commercialize a CADASIL treatment using adrenomedullin, based on the National Cerebral and Cardiovascular Center's basic and clinical research findings, as a new therapeutic approach for a disease for which no established treatment exists. The initiative is positioned as a growth step toward the full-scale expansion of its pharmaceutical business.

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Notice of Execution of an Exclusive License Agreement Relating to Adrenomedullin | Pharma Foods International Co.,Ltd. (2929) timely disclosure | Komori