Komori
Other Disclosures4569KYORIN Pharmaceutical Co.,Ltd.Pharmaceuticals

Initiation of a Phase 3 clinical trial of the overactive bladder treatment vibegron (development code: KRP-114VP)

杏林製薬 will initiate a Phase 3 clinical trial of vibegron (KRP-114VP), a treatment for overactive bladder, with the aim of expanding its indication to pediatric patients. The trial will evaluate efficacy and safety following 8 weeks of treatment.

Worth reading
53Recurring
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
8
Weeks of treatment
Wording
Definitive
How definitive the wording is.

Announced details

VibegronBeova Tablets 50 mg
Applicable field (uses covered by this announcement)

Treatment of pediatric overactive bladder (OAB). Treatment of overactive bladder in adults.

Launch datePhase 3 clinical trial: scheduled to begin; no specific start date is provided. Joint marketing of Beova Tablets 50 mg: conducted since November 2018.
Contract DateJoint development and joint marketing agreement with KISSEI PHARMACEUTICAL CO.,LTD.: March 2016. Acquisition of exclusive rights from Merck & Co., Inc.: Japan, July 2014; Asia, April 2017.
What the company reported numerically
Quantitative Effects

Efficacy and safety will be evaluated following 8 weeks of treatment.

Relationship between the counterparty and the company
KYORIN Pharmaceutical Co.,Ltd.4569
Relationship with the Company

杏林製薬 acquired exclusive development, manufacturing and marketing rights in Japan and Asia from Merck & Co., Inc. 杏林製薬 entered into a joint development and joint marketing agreement with KISSEI PHARMACEUTICAL CO.,LTD., and the two companies jointly develop and market the product.

CounterpartyMerck & Co., Inc., Rahway, N.J., U.S.A.KISSEI PHARMACEUTICAL CO.,LTD.

Merck & Co., Inc., Rahway, N.J., U.S.A. is the U.S. company that originated vibegron. The registered address, representative, capital, year of establishment and business description of KISSEI PHARMACEUTICAL CO.,LTD. are not provided in this document.

Impact on Business Performance

The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredVibegron, Beova Tablets 50 mg
CounterpartyMerck & Co., Inc., Rahway, N.J., U.S.A., KISSEI PHARMACEUTICAL CO.,LTD.
Counterparty overviewMerck & Co., Inc., Rahway, N.J., U.S.A. is the U.S. company that originated vibegron. The registered address, representative, capital, year of establishment and business description of KISSEI PHARMACEUTICAL CO.,LTD. are not provided in this document.
Relationship with the Company杏林製薬 acquired exclusive development, manufacturing and marketing rights in Japan and Asia from Merck & Co., Inc. 杏林製薬 entered into a joint development and joint marketing agreement with KISSEI PHARMACEUTICAL CO.,LTD., and the two companies jointly develop and market the product.
Contract DateJoint development and joint marketing agreement with KISSEI PHARMACEUTICAL CO.,LTD.: March 2016. Acquisition of exclusive rights from Merck & Co., Inc.: Japan, July 2014; Asia, April 2017.
Launch datePhase 3 clinical trial: scheduled to begin; no specific start date is provided. Joint marketing of Beova Tablets 50 mg: conducted since November 2018.
Applicable areaTreatment of pediatric overactive bladder (OAB). Treatment of overactive bladder in adults.
Quantitative EffectsEfficacy and safety will be evaluated following 8 weeks of treatment.
Impact on Business PerformanceThe impact on the consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial.
Items this document does not state (9)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historySource

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 aim is to expand the indication of Beova Tablets 50 mg to pediatric patients and provide a new treatment option, as no drugs are currently available in Japan for use in children with overactive bladder.

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.
Initiation of a Phase 3 clinical trial of the overactive bladder treatment vibegron (development code: KRP-114VP) | KYORIN Pharmaceutical Co.,Ltd. (4569) timely disclosure | Komori