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Business alliance4534Mochida Pharmaceutical Co.,Ltd.Pharmaceuticals

Notice of the Execution of a U.S. Sales Partnership Agreement for ReFeel, a Nerve Regeneration Induction Material

Mochida Pharmaceutical entered into a sales partnership agreement with PBC Biomed Inc. for the U.S. sales of ReFeel, a nerve regeneration guidance material. Mochida Pharmaceutical’s U.S. subsidiary and PBC Biomed will collaborate to begin full-scale sales in the United States through multiple distributors.

Worth reading
31Immaterial
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Improvement
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Agreements reached under this partnership

Business alliance
4534Mochida Pharmaceutical Co.,Ltd.
Alliance partnerPBC Biomed Inc.
Details of the alliance
  1. 1

    Mochida Medical USA, Inc., Mochida Pharmaceutical’s U.S. subsidiary, will collaborate with PBC Biomed Inc. to begin full-scale sales of ReFeel®.

  2. 2

    PBC Biomed Inc. will expand its distribution network across the United States through multiple distributors and promote sales of ReFeel®.

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 DescriptionWith the aim of advancing medical innovation through the commercialization of new technologies in the fields of medical devices, biomaterials and pharmaceuticals, the company works with companies, physicians and universities to put innovative medical technologies into practical use.
LocationMemphis, Tennessee, United States
Agreements reached under this partnership
ItemDetails
Name of alliance partnerPBC Biomed Inc.
Alliance partner's business activitiesWith the aim of advancing medical innovation through the commercialization of new technologies in the fields of medical devices, biomaterials and pharmaceuticals, the company works with companies, physicians and universities to put innovative medical technologies into practical use.
Alliance partner's locationMemphis, Tennessee, United States
Type of allianceBusiness alliance
Details of the allianceMochida Medical USA, Inc., Mochida Pharmaceutical’s U.S. subsidiary, will collaborate with PBC Biomed Inc. to begin full-scale sales of ReFeel®., PBC Biomed Inc. will expand its distribution network across the United States through multiple distributors and promote sales of ReFeel®.
Items this document does not state (18)
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 DateImpact on Business PerformanceChange in major shareholders

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The reasons the company gives

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

To contribute to improving patients’ quality of life through its U.S. initiatives and pursue further growth in the biomaterials business.

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Notice of the Execution of a U.S. Sales Partnership Agreement for ReFeel, a Nerve Regeneration Induction Material | Mochida Pharmaceutical Co.,Ltd. (4534) timely disclosure | Komori