Komori
Business Alliance4881FunPep Company LimitedPharmaceuticals

Notice of Commencement of Joint Research with Crafton Biotechnology

FunPep entered into a joint research agreement with Crafton Biotechnology and began research into therapeutic mRNA vaccines combining antibody-inducing peptide technology with mRNA technology. Crafton Biotechnology will be responsible for mRNA synthesis, while FunPep will handle efficacy evaluations and other activities.

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Agreements reached under this partnership

Business Alliance
4881FunPep Company Limited
Alliance partnerCrafton Biotechnology Co., Ltd.
Details of the alliance
  1. 1

    The companies will combine FunPep's antibody-inducing peptide technology with Crafton Biotechnology's proprietary mRNA technology, including PureCap®, to create new therapeutic mRNA vaccines.

  2. 2

    For the designed mRNA vaccines, Crafton Biotechnology will be responsible for synthesis, while FunPep will handle efficacy evaluations and other activities.

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 DescriptionResearch, development, manufacture, sale and technology transfer of pharmaceuticals
LocationChikusa-ku, Nagoya, Aichi Prefecture
Impact on Business Performance

FunPep is expected to bear the costs related to the activities for which it is responsible under the joint research project. However, there is no change to the forecast for research and development expenses for the fiscal year ending December 2026.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerCrafton Biotechnology Co., Ltd.
Alliance partner's business activitiesResearch, development, manufacture, sale and technology transfer of pharmaceuticals
Alliance partner's locationChikusa-ku, Nagoya, Aichi Prefecture
Type of allianceBusiness Alliance
Details of the allianceThe companies will combine FunPep's antibody-inducing peptide technology with Crafton Biotechnology's proprietary mRNA technology, including PureCap®, to create new therapeutic mRNA vaccines., For the designed mRNA vaccines, Crafton Biotechnology will be responsible for synthesis, while FunPep will handle efficacy evaluations and other activities.
Impact on Business PerformanceFunPep is expected to bear the costs related to the activities for which it is responsible under the joint research project. However, there is no change to the forecast for research and development expenses for the fiscal year ending December 2026.
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.

To combine the technologies of both companies and create new therapeutic mRNA vaccines.

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Notice of Commencement of Joint Research with Crafton Biotechnology | FunPep Company Limited (4881) timely disclosure | Komori