Komori
Business alliance4576D.Western Therapeutics Institute, Inc.Pharmaceuticals

Regarding the U.S. Sales Partnership and Launch Timing for "Bondlido"

The expected signing of the sales license agreement for “Bondlido” in the United States has changed from August 2026 to September 2026. The launch is still expected in the fourth quarter of 2026.

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50Recurring
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Agreements reached under this partnership

Business alliance
4576D.Western Therapeutics Institute, Inc.
Alliance partnerTerrain Pharmaceuticals
Details of the alliance
  1. 1

    Agreement on the basic terms of a U.S. sales partnership

  2. 2

    Negotiations on the detailed terms toward signing an exclusive sales license agreement

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 U.S. specialty pharmaceutical company with more than 10 years of experience developing and marketing topical analgesics. Through a nationwide distribution network that includes independent retail pharmacies, specialty pharmacies and healthcare institutions, it markets prescription and over-the-counter topical patches and semisolid formulations, including lidocaine- and NSAID-based products.
LocationReno, Nevada, U.S.
Impact on Business Performance

There is no change to the earnings forecast for the fiscal year ending December 2026. Any impact will be disclosed promptly once determined.

Contract DateSeptember 2026 (expected)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTerrain Pharmaceuticals
Alliance partner's business activitiesA U.S. specialty pharmaceutical company with more than 10 years of experience developing and marketing topical analgesics. Through a nationwide distribution network that includes independent retail pharmacies, specialty pharmacies and healthcare institutions, it markets prescription and over-the-counter topical patches and semisolid formulations, including lidocaine- and NSAID-based products.
Alliance partner's locationReno, Nevada, U.S.
Type of allianceBusiness alliance
Details of the allianceAgreement on the basic terms of a U.S. sales partnership, Negotiations on the detailed terms toward signing an exclusive sales license agreement
Contract DateSeptember 2026 (expected)
Impact on Business PerformanceThere is no change to the earnings forecast for the fiscal year ending December 2026. Any impact will be disclosed promptly once determined.
Items this document does not state (16)
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 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.

Sales are expected to exceed the assumptions made when the basic terms were agreed, and additional time is required to review the sales strategy, supply plan and contractual terms.

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Regarding the U.S. Sales Partnership and Launch Timing for "Bondlido" | D.Western Therapeutics Institute, Inc. (4576) timely disclosure | Komori