Komori
Business alliance4587PeptiDream Inc.Pharmaceuticals

Notice of the Start of a Phase 1 Clinical Trial by a Drug Discovery Research Partner

旭化成セラピューティクス has initiated a Phase 1 clinical trial for AK1940, which was discovered through the joint research conducted by the two companies. We have received a milestone fee associated with the start of the trial and are entitled to receive additional fees based on the progress of future clinical development, as well as royalties after commercialization.

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Agreements reached under this partnership

Business alliance
4587PeptiDream Inc.
Alliance partner旭化成セラピューティクス
Details of the alliance
  1. 1

    The companies have advanced the discovery of cyclic peptides using PDPS®.

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 Description旭化成セラピューティクス focuses on disease areas including autoimmune diseases, serious infectious diseases, transplantation, kidney diseases and orthopedics, and is advancing the discovery of new drugs.
LocationChiyoda-ku, Tokyo
Impact on Business Performance

The impact has already been incorporated into the earnings forecast for the fiscal year ending December 2026, and there is no change to the earnings forecast.

Contract DateMarch 2016Alliance start date20 April 2026 (start of Phase 1 clinical trial)
Agreements reached under this partnership
ItemDetails
Name of alliance partner旭化成セラピューティクス
Alliance partner's business activities旭化成セラピューティクス focuses on disease areas including autoimmune diseases, serious infectious diseases, transplantation, kidney diseases and orthopedics, and is advancing the discovery of new drugs.
Alliance partner's locationChiyoda-ku, Tokyo
Type of allianceBusiness alliance
Details of the allianceThe companies have advanced the discovery of cyclic peptides using PDPS®.
Contract DateMarch 2016
Alliance start date20 April 2026 (start of Phase 1 clinical trial)
Impact on Business PerformanceThe impact has already been incorporated into the earnings forecast for the fiscal year ending December 2026, and there is no change to the earnings forecast.
Items this document does not state (15)
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 resolutionShare Acquisition Date and Payment DateChange in major shareholders

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The two companies have advanced their joint research using our proprietary drug discovery development platform system, PDPS®. In addition, the drug aligns with 旭化成セラピューティクス' research and development strategy.

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Notice of the Start of a Phase 1 Clinical Trial by a Drug Discovery Research Partner | PeptiDream Inc. (4587) timely disclosure | Komori