Komori
Business alliance4587PeptiDream Inc.Pharmaceuticals

Notice of Receipt of a Milestone Fee from Joint Research and Development with MSD

A candidate compound under development through joint research and development with MSD achieved a milestone, and a milestone payment was received under the agreement. The amount received is undisclosed, and there is no change to the earnings forecast.

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Agreements reached under this partnership

Business alliance
4587PeptiDream Inc.
Alliance partnerMSD(Merck & Co., Inc.)
Details of the alliance
  1. 1

    PeptiDream provides MSD with peptide candidate compounds identified using PDPS® technology for targets selected by MSD.

  2. 2

    MSD holds exclusive rights to the relevant peptide candidate compounds and is responsible for all development of PCC products generated through this collaboration.

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 DescriptionThe business relating to peptide candidate compounds against targets selected by MSD, and the development of PCC products generated through this collaboration
LocationRahway, New Jersey, USA (Rahway, NJ, USA)
Impact on Business Performance

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

Agreements reached under this partnership
ItemDetails
Name of alliance partnerMSD(Merck & Co., Inc.)
Alliance partner's business activitiesThe business relating to peptide candidate compounds against targets selected by MSD, and the development of PCC products generated through this collaboration
Alliance partner's locationRahway, New Jersey, USA (Rahway, NJ, USA)
Type of allianceBusiness alliance
Details of the alliancePeptiDream provides MSD with peptide candidate compounds identified using PDPS® technology for targets selected by MSD., MSD holds exclusive rights to the relevant peptide candidate compounds and is responsible for all development of PCC products generated through this collaboration.
Impact on Business PerformanceThis 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 (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 candidate compound under development achieved a milestone. The company considers this an accomplishment demonstrating that the development activities of both companies are progressing smoothly.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Receipt of a Milestone Fee from Joint Research and Development with MSD | PeptiDream Inc. (4587) timely disclosure | Komori