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Other Disclosures4569KYORIN Pharmaceutical Co.,Ltd.Pharmaceuticals

Execution of a License Agreement for a Novel Therapeutic Drug Candidate Compound

杏林製薬 and UBE Corporation have entered into a license agreement for a novel therapeutic drug candidate compound. 杏林製薬 will acquire exclusive worldwide rights to develop, manufacture and market the compound.

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Announced details

Novel therapeutic drug candidate compound (compound name not disclosed)
Applicable field (uses covered by this announcement)

Treatments for pain, autoimmune diseases and neuromuscular diseases, among others (described as drug discovery research areas on which 杏林製薬 is focusing)

Contract Date23 March 2026 (announced as the agreement execution date)
Relationship between the counterparty and the company
KYORIN Pharmaceutical Co.,Ltd.4569
Relationship with the Company

A business relationship based on the license agreement. UBE Corporation created the compound, and 杏林製薬 will acquire exclusive worldwide rights to develop, manufacture and market it. 杏林製薬 will pay UBE Corporation an upfront payment, development and sales milestones, and royalties.

CounterpartyUBE Corporation

Head office: Minato-ku, Tokyo; Representative Director and President: Nishida Yuki (西田祐樹). UBE Corporation creates compounds that serve as seeds for new pharmaceuticals, based on compound design supported by advanced organic synthesis capabilities. Its pharmaceuticals business covers drug discovery research and CDMO operations.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredNovel therapeutic drug candidate compound (compound name not disclosed)
CounterpartyUBE Corporation
Counterparty overviewHead office: Minato-ku, Tokyo; Representative Director and President: Nishida Yuki (西田祐樹). UBE Corporation creates compounds that serve as seeds for new pharmaceuticals, based on compound design supported by advanced organic synthesis capabilities. Its pharmaceuticals business covers drug discovery research and CDMO operations.
Relationship with the CompanyA business relationship based on the license agreement. UBE Corporation created the compound, and 杏林製薬 will acquire exclusive worldwide rights to develop, manufacture and market it. 杏林製薬 will pay UBE Corporation an upfront payment, development and sales milestones, and royalties.
Contract Date23 March 2026 (announced as the agreement execution date)
Applicable areaTreatments for pain, autoimmune diseases and neuromuscular diseases, among others (described as drug discovery research areas on which 杏林製薬 is focusing)
Items this document does not state (12)
Contract ValueOffering priceLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

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 parties aim to combine the compound created by UBE Corporation with 杏林製薬's research and development expertise to deliver new treatment options at an early stage to patients for whom existing drugs do not provide sufficient efficacy.

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