Komori
Business alliance4569KYORIN Pharmaceutical Co.,Ltd.Pharmaceuticals

Execution of a License Agreement with BIODOL for BDT272, a Candidate Compound for the Treatment of Neuropathic Pain

Kyorin Pharmaceutical Co., Ltd. exercised its rights under the option agreement with BIODOL and entered into a license agreement granting it exclusive rights to develop, manufacture and market the candidate compound BDT272 in Japan, South Korea and Taiwan.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
79
€ million (maximum aggregate amount of the upfront payment and milestone payments)
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Business alliance
4569KYORIN Pharmaceutical Co.,Ltd.
Alliance partnerBIODOL Therapeutics
Details of the alliance
  1. 1

    Acquisition of exclusive rights to develop, manufacture and market the compound in Japan, South Korea and Taiwan

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Milestone payments have been established based on the achievement of certain net sales targets, but the sales figures and achievement dates are not disclosed.

About the partner
Business DescriptionBIODOL aims to develop first-in-class pain treatments and is focused on developing allosteric inhibitors of the FLT3 receptor.
LocationMontarnaud, France
Impact on Business Performance

The upfront payment to be made to BIODOL under this agreement is expected to be recorded as selling, general and administrative expenses (research and development expenses) for the fiscal year ending March 2026. If any matter requiring timely disclosure arises, it will be promptly announced.

Contract Date31 March 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerBIODOL Therapeutics
Alliance partner's business activitiesBIODOL aims to develop first-in-class pain treatments and is focused on developing allosteric inhibitors of the FLT3 receptor.
Alliance partner's locationMontarnaud, France
Type of allianceBusiness alliance
Details of the allianceAcquisition of exclusive rights to develop, manufacture and market the compound in Japan, South Korea and Taiwan
Numerical targets under the allianceMilestone payments have been established based on the achievement of certain net sales targets, but the sales figures and achievement dates are not disclosed.
Contract Date31 March 2026
Impact on Business PerformanceThe upfront payment to be made to BIODOL under this agreement is expected to be recorded as selling, general and administrative expenses (research and development expenses) for the fiscal year ending March 2026. If any matter requiring timely disclosure arises, it will be promptly announced.
Items this document does not state (15)
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 PeriodShareholding PolicyDate 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 provide valuable new medicines that address unmet medical needs and offer new treatment options to patients suffering from pain.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Execution of a License Agreement with BIODOL for BDT272, a Candidate Compound for the Treatment of Neuropathic Pain | KYORIN Pharmaceutical Co.,Ltd. (4569) timely disclosure | Komori