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Occurring Fact4548SEIKAGAKU CORPORATIONPharmaceuticals

Receipt of Notification of Completion of Review of the U.S. Approval Application for SI-6603, a Treatment for Lumbar Disc Herniation

The Company received a Complete Response Letter (CRL) from the US FDA regarding the approval application for SI-6603, a treatment for lumbar disc herniation, indicating that the application cannot be approved in its current form. Improvements are required to address deficiencies identified during inspections of the drug substance manufacturing facility and the contract drug product manufacturing facility.

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Receipt of a Complete Response Letter regarding the US approval application for SI-6603, a treatment for lumbar disc herniation

Subject Entity

SEIKAGAKU CORPORATION

Target Locations / Products

SI-6603, a treatment for lumbar disc herniation (generic name: condoliase), drug substance manufacturing facility, contract drug product manufacturing facility

Occurrence10 September 2026 (received on 9 September 2026, US time)
Same day
Awareness or receipt of notice10 September 2026 (9 September, US time)
This disclosure09/10/2026
Cause

In addition to the deficiencies identified during the inspection of the drug substance manufacturing facility not having been fully resolved, deficiencies were identified during the cGMP inspection of the contract drug product manufacturing facility, resulting in a determination that improvements are required

Related procedures

Type

US FDA review of the approval application and issuance of a Complete Response Letter (CRL)

Court or authority

U.S. Food and Drug Administration (FDA)

Impact on Earnings Forecast

The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure if they arise.

Outlook

The Company will consider an early resubmission toward obtaining approval, in close coordination with the FDA and Ferring Pharmaceuticals, with which it has entered into a licensing agreement.

Planned follow-up disclosure

The Company will promptly disclose any matters requiring disclosure if they arise.

Event that occurred
ItemDetails
Event nameReceipt of a Complete Response Letter regarding the US approval application for SI-6603, a treatment for lumbar disc herniation
Date of occurrence10 September 2026 (received on 9 September 2026, US time)
Date recognized / date notice received10 September 2026 (9 September, US time)
Subject EntitySEIKAGAKU CORPORATION
Target Locations / ProductsSI-6603, a treatment for lumbar disc herniation (generic name: condoliase), drug substance manufacturing facility, contract drug product manufacturing facility
CauseIn addition to the deficiencies identified during the inspection of the drug substance manufacturing facility not having been fully resolved, deficiencies were identified during the cGMP inspection of the contract drug product manufacturing facility, resulting in a determination that improvements are required
Impact on Earnings ForecastThe impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. The Company will promptly disclose any matters requiring disclosure if they arise.
Type of litigation or proceedingUS FDA review of the approval application and issuance of a Complete Response Letter (CRL)
Court or authorityU.S. Food and Drug Administration (FDA)
OutlookThe Company will consider an early resubmission toward obtaining approval, in close coordination with the FDA and Ferring Pharmaceuticals, with which it has entered into a licensing agreement.
Planned follow-up disclosureThe Company will promptly disclose any matters requiring disclosure if they arise.
Items this document does not state (14)
Amount of Impact on Business PerformanceAccounting period in which recognizedPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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 deficiencies identified during the inspection of the drug substance manufacturing facility have not been fully resolved, and deficiencies were also identified during a newly conducted cGMP inspection of the contract drug product manufacturing facility, resulting in a determination that improvements are required.

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Receipt of Notification of Completion of Review of the U.S. Approval Application for SI-6603, a Treatment for Lumbar Disc Herniation | SEIKAGAKU CORPORATION (4548) timely disclosure | Komori