Komori
Business alliance4565Nxera Pharma Co.,Ltd.Pharmaceuticals

Notice Regarding Progress on the Out-licensing Agreement for a GPCR Target Program and a Partial Investment in Series A Financing

We invested in the Series A financing of the venture company that has licensed the GPCR target program from us and will hold shares in the company. We will support its development while retaining licensing revenue and rights in Japan and certain Asia-Pacific regions.

Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
275
million US dollars (approximately ¥43.0 billion)
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
Details of the alliance
  1. 1

    An exclusive license covering development, manufacturing and commercialization worldwide, excluding Japan and certain regions in the Asia-Pacific.

  2. 2

    The right to receive milestone payments totaling up to US$275 million (approximately ¥43.0 billion), depending on development and commercialization progress, as well as tiered royalties.

  3. 3

    Hold a certain number of shares in the company.

  4. 4

    Patrick Folsch (パトリック・フォルシュ), our CSO and President of Nxera Pharma UK, will change from not serving as a director to serving as a director of 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.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Dispatch of directors and officersPatrick Folsch (パトリック・フォルシュ), our CSO and President of Nxera Pharma UK, will change from not serving as a director to serving as a director of the company.
Shareholding PolicyWe will hold a certain number of shares in the company. Long-term holding, lock-up and transfer restrictions: not disclosed
About the partner
Business DescriptionA business focused on accelerating preclinical trials and advancing development toward the initiation of global clinical trials for GPCR target programs created using NxWave™.
Impact on Business Performance

The impact of this transaction on our consolidated results for the fiscal year ending December 2026 has already been reflected in the consolidated earnings forecast for the current fiscal year disclosed on 13 February 2026.

Contract Date11 May 2026
Agreements reached under this partnership
ItemDetails
Alliance partner's business activitiesA business focused on accelerating preclinical trials and advancing development toward the initiation of global clinical trials for GPCR target programs created using NxWave™.
Type of allianceCapital and Business Alliance
Details of the allianceAn exclusive license covering development, manufacturing and commercialization worldwide, excluding Japan and certain regions in the Asia-Pacific., The right to receive milestone payments totaling up to US$275 million (approximately ¥43.0 billion), depending on development and commercialization progress, as well as tiered royalties., Hold a certain number of shares in the company., Patrick Folsch (パトリック・フォルシュ), our CSO and President of Nxera Pharma UK, will change from not serving as a director to serving as a director of the company.
Dispatch of directors and officersPatrick Folsch (パトリック・フォルシュ), our CSO and President of Nxera Pharma UK, will change from not serving as a director to serving as a director of the company.
Shareholding PolicyWe will hold a certain number of shares in the company. Long-term holding, lock-up and transfer restrictions: not disclosed
Contract Date11 May 2026
Impact on Business PerformanceThe impact of this transaction on our consolidated results for the fiscal year ending December 2026 has already been reflected in the consolidated earnings forecast for the current fiscal year disclosed on 13 February 2026.
Items this document does not state (16)
Name of alliance partnerAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioContract PeriodNumerical targets under the allianceDate of board resolutionAlliance 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 enable the company to accelerate preclinical trials and advance development toward the initiation of global clinical trials. In addition, to develop programs outside our core areas under external capital and management and maximize the value of the programs.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Progress on the Out-licensing Agreement for a GPCR Target Program and a Partial Investment in Series A Financing | Nxera Pharma Co.,Ltd. (4565) timely disclosure | Komori