Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
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Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
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How definitive the wording is.Agreements reached under this partnership
Business alliance4576D.Western Therapeutics Institute, Inc.
Alliance partnerTerrain Pharmaceuticals
About the partner
Business DescriptionDevelopment and sale of topical analgesics. Through a nationwide distribution network comprising independent retail pharmacies, specialty pharmacies and healthcare institutions, the company markets prescription and over-the-counter topical patches and semisolid formulations, including products based on lidocaine and NSAIDs.
LocationReno, Nevada, U.S.
Impact on Business Performance
Because the revenue outlook for the product remains uncertain, there will be no change to the earnings forecast for the fiscal year ending December 2026 as a result of this matter. The company will promptly disclose any impact once it becomes known.
Contract DateOctober 2026 (expected)
| Item | Details |
|---|---|
| Name of alliance partner | Terrain Pharmaceuticals |
| Alliance partner's business activities | Development and sale of topical analgesics. Through a nationwide distribution network comprising independent retail pharmacies, specialty pharmacies and healthcare institutions, the company markets prescription and over-the-counter topical patches and semisolid formulations, including products based on lidocaine and NSAIDs. |
| Alliance partner's location | Reno, Nevada, U.S. |
| Type of alliance | Business alliance |
| Contract Date | October 2026 (expected) |
| Impact on Business Performance | Because the revenue outlook for the product remains uncertain, there will be no change to the earnings forecast for the fiscal year ending December 2026 as a result of this matter. The company will promptly disclose any impact once it becomes known. |
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber 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.Because projected sales volume is 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 contract terms.
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