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Business Alliances4880CellSource Co.,Ltd.Pharmaceuticals

CellSource and StemCell Institute collaborate on research and development involving extracellular vesicles, including exosomes, derived from umbilical cords

CellSource and StemCell Institute entered into a memorandum of understanding for a business alliance covering the research and development of extracellular vesicles, including exosomes, secreted by umbilical cord-derived mesenchymal stromal cells. The companies aim to establish a technological foundation by combining their expertise in cell and umbilical cord processing, cell processing and quality control.

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Agreements reached under this partnership

Business Alliances
4880CellSource Co.,Ltd.
Alliance partnerStemCell Institute
Details of the alliance
  1. 1

    Conduct technical studies on the culture of umbilical cord-derived mesenchymal stromal cells and extracellular vesicles

  2. 2

    Share necessary information and know-how

  3. 3

    Work to establish an organisational framework for business development

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 company operates a cell banking business involving cells derived from perinatal tissues, including umbilical cords and cord blood, for regenerative medicine and cell therapy, leveraging its strong network of obstetrics and gynecology facilities. It also develops new treatments in the regenerative medicine and cell therapy fields, and engages in business development and investment in related areas.
LocationMinato-ku, Tokyo
Share capital¥704.8 million
Impact on Business Performance

The impact of this matter on our financial results is expected to be immaterial.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerStemCell Institute
Alliance partner's business activitiesThe company operates a cell banking business involving cells derived from perinatal tissues, including umbilical cords and cord blood, for regenerative medicine and cell therapy, leveraging its strong network of obstetrics and gynecology facilities. It also develops new treatments in the regenerative medicine and cell therapy fields, and engages in business development and investment in related areas.
Alliance partner's locationMinato-ku, Tokyo
Alliance partner's capital¥704.8 million
Type of allianceBusiness Alliances
Details of the allianceConduct technical studies on the culture of umbilical cord-derived mesenchymal stromal cells and extracellular vesicles, Share necessary information and know-how, Work to establish an organisational framework for business development
Impact on Business PerformanceThe impact of this matter on our financial results is expected to be immaterial.
Items this document does not state (16)
Alliance 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.

To combine StemCell Institute's technologies and expertise in processing and storing umbilical cords and cord blood with CellSource's technologies and expertise in cell processing, quality control and extracellular vesicles.

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CellSource and StemCell Institute collaborate on research and development involving extracellular vesicles, including exosomes, derived from umbilical cords | CellSource Co.,Ltd. (4880) timely disclosure | Komori