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Business alliance4576D.Western Therapeutics Institute, Inc.Pharmaceuticals

Notice of the Start of Joint Research to Develop Novel Ophthalmic Disease Treatments Using Lactic Acid Bacteria-Derived Exosomes (Extracellular Vesicles: EVs)

D. Western Therapeutics Institute, Inc. and LABバイオテック have entered into a joint research agreement aimed at developing ophthalmic drugs using extracellular vesicles (EVs) derived from lactic acid bacteria. LABバイオテック will provide the EVs, and D. Western Therapeutics Institute, Inc. will assess their potential as therapeutic agents through efficacy and pharmacology studies and other tests.

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Agreements reached under this partnership

Business alliance
4576D.Western Therapeutics Institute, Inc.
Alliance partner株式会社LABバイオテック
Details of the alliance
  1. 1

    LABバイオテック will provide candidate lactic acid bacteria EVs.

  2. 2

    The Company will leverage the evaluation technologies it has developed in the ophthalmology field to conduct efficacy and pharmacology studies and other tests, thereby assessing the potential of the EVs as treatments for ophthalmic diseases.

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 DescriptionA certified startup originating from Hokkaido University that conducts integrated operations from the exploration of novel lactic acid bacteria through commercialization. The company possesses 900 proprietary lactic acid bacteria strains and is advancing multiple lactic acid bacteria projects. It has established purification technology for lactic acid bacteria exosomes (EVs) and provides a diverse range of highly purified EVs derived from its proprietary lactic acid bacteria.
LocationSapporo City, Hokkaido
Impact on Business Performance

There is no change to the earnings forecast for the fiscal year ending December 2026.

Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社LABバイオテック
Alliance partner's business activitiesA certified startup originating from Hokkaido University that conducts integrated operations from the exploration of novel lactic acid bacteria through commercialization. The company possesses 900 proprietary lactic acid bacteria strains and is advancing multiple lactic acid bacteria projects. It has established purification technology for lactic acid bacteria exosomes (EVs) and provides a diverse range of highly purified EVs derived from its proprietary lactic acid bacteria.
Alliance partner's locationSapporo City, Hokkaido
Type of allianceBusiness alliance
Details of the allianceLABバイオテック will provide candidate lactic acid bacteria EVs., The Company will leverage the evaluation technologies it has developed in the ophthalmology field to conduct efficacy and pharmacology studies and other tests, thereby assessing the potential of the EVs as treatments for ophthalmic diseases.
Impact on Business PerformanceThere is no change to the earnings forecast for the fiscal year ending December 2026.
Items this document does not state (17)
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 DateAlliance 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.

The parties believe this initiative will help expand the Company's pipeline by pursuing the development of ophthalmic drugs that leverage a new modality.

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Notice of the Start of Joint Research to Develop Novel Ophthalmic Disease Treatments Using Lactic Acid Bacteria-Derived Exosomes (Extracellular Vesicles: EVs) | D.Western Therapeutics Institute, Inc. (4576) timely disclosure | Komori