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Business Alliance4549EIKEN CHEMICAL CO.,LTD.Pharmaceuticals

Collaboration Agreement with TAUNS Laboratories,Inc. on the Sale of POCT Products: Strengthening Sales Channels in Japan’s Clinic Market

栄研化学 has agreed to collaborate on selling its POCT products in the domestic clinic market through the sales network of TAUNS Laboratories,Inc. Preparations are under way to launch the arrangement this autumn, with 栄研化学 supplying the products and TAUNS Laboratories,Inc. responsible for sales.

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Agreements reached under this partnership

Business Alliance
4549EIKEN CHEMICAL CO.,LTD.
Alliance partnerTAUNS Laboratories,Inc.
Details of the alliance
  1. 1

    Preparations will proceed for an arrangement under which the Company supplies the products and TAUNS Laboratories,Inc. is responsible for sales in the domestic clinic market.

  2. 2

    The relevant products comprise 3 items, including the in vitro diagnostic medical products “ImmunoCatch® Adeno” and “ImmunoCatch® Strep A,” manufactured and marketed by the Company.

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 DescriptionTAUNS Laboratories,Inc. has an extensive sales platform in the infectious disease diagnostics field.
LocationIzunokuni, Shizuoka Prefecture
Impact on Business Performance

This matter is reflected in the Company's consolidated earnings forecast for the current fiscal year.

Alliance start dateAiming to begin sales this autumn
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTAUNS Laboratories,Inc.
Alliance partner's business activitiesTAUNS Laboratories,Inc. has an extensive sales platform in the infectious disease diagnostics field.
Alliance partner's locationIzunokuni, Shizuoka Prefecture
Type of allianceBusiness Alliance
Details of the alliancePreparations will proceed for an arrangement under which the Company supplies the products and TAUNS Laboratories,Inc. is responsible for sales in the domestic clinic market., The relevant products comprise 3 items, including the in vitro diagnostic medical products “ImmunoCatch® Adeno” and “ImmunoCatch® Strep A,” manufactured and marketed by the Company.
Alliance start dateAiming to begin sales this autumn
Impact on Business PerformanceThis matter is reflected in the Company's consolidated earnings forecast for the current fiscal year.
Items this document does not state (16)
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 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 strengthen the deployment of POCT products in the clinic market by enhancing the profitability of the domestic business and responding to growing demand for rapid diagnostics. By combining TAUNS Laboratories,Inc.'s sales platform in the infectious disease diagnostics field with the Company's product quality and development capabilities, the companies expect to expand the adoption of the relevant products.

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Collaboration Agreement with TAUNS Laboratories,Inc. on the Sale of POCT Products: Strengthening Sales Channels in Japan’s Clinic Market | EIKEN CHEMICAL CO.,LTD. (4549) timely disclosure | Komori