Komori
Other Disclosures4577Daito Pharmaceutical Co.,Ltd.Pharmaceuticals

Daito Group Obtains Approval for Its Fifth In-House Generic Drug Product in China

A consolidated subsidiary in China obtained manufacturing and marketing approval in China for the antidepressant Fluvoxamine Maleate Tablets 100 mg. This is the fifth in-house generic drug formulation for which Daito Group has obtained approval in China.

Worth reading
66In focus
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
5
Number of in-house generic drug formulations approved in China
Wording
Definitive
How definitive the wording is.

Announced details

Fluvoxamine Maleate Tablets 100 mg
Applicable field (uses covered by this announcement)

Antidepressant

What the company reported numerically
Quantitative Effects

Daito Group's fifth in-house generic drug formulation to receive manufacturing and marketing approval in China

Relationship between the counterparty and the company
Daito Pharmaceutical Co.,Ltd.4577
Relationship with the Company

The regulatory authority granting approval. Manufacturing will be handled by the consolidated Chinese subsidiary 大桐製薬(中国)有限責任公司, while the active pharmaceutical ingredient is scheduled to be manufactured by 安徽鼎旺医薬有限公司.

CounterpartyChina's National Medical Products Administration (NMPA)

China's pharmaceutical regulatory authority

Awarding / certifying body

China's National Medical Products Administration (NMPA)

Location (as indicated in this announcement)

大桐製薬(中国)有限責任公司: Hefei, Anhui, China / 安徽鼎旺医薬有限公司: Anqing, Anhui, China

Impact on Business Performance

The approval has already been incorporated into the earnings forecast, and there will be no revision to the consolidated earnings forecast.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredFluvoxamine Maleate Tablets 100 mg
CounterpartyChina's National Medical Products Administration (NMPA)
Counterparty overviewChina's pharmaceutical regulatory authority
Relationship with the CompanyThe regulatory authority granting approval. Manufacturing will be handled by the consolidated Chinese subsidiary 大桐製薬(中国)有限責任公司, while the active pharmaceutical ingredient is scheduled to be manufactured by 安徽鼎旺医薬有限公司.
Applicable areaAntidepressant
Awarding / certifying bodyChina's National Medical Products Administration (NMPA)
Location大桐製薬(中国)有限責任公司: Hefei, Anhui, China / 安徽鼎旺医薬有限公司: Anqing, Anhui, China
Quantitative EffectsDaito Group's fifth in-house generic drug formulation to receive manufacturing and marketing approval in China
Impact on Business PerformanceThe approval has already been incorporated into the earnings forecast, and there will be no revision to the consolidated earnings forecast.
Items this document does not state (9)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameRegistration number and expiry dateLocation 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.

Following changes to the regulatory system in China, it was agreed that having 大桐製薬, which operates a manufacturing facility, hold the manufacturing and marketing rights would provide a competitive advantage in terms of sales strategy.

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.
Daito Group Obtains Approval for Its Fifth In-House Generic Drug Product in China | Daito Pharmaceutical Co.,Ltd. (4577) timely disclosure | Komori