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Business alliance4881FunPep Company LimitedPharmaceuticals

Notice of the Conclusion of a Joint Research Agreement on the Development of Transdermal Formulations for Antibody-Inducing Peptides

ファンペップ has entered into a joint research agreement with artience and トーヨーケム for the development of transdermal formulations using antibody-inducing peptides. ファンペップ will be responsible for evaluating efficacy and safety, while トーヨーケム will study the formulation of the peptides for transdermal absorption and related matters.

Worth reading
42Recurring
Scored from 4 of 5 sections
Direction
Neutral
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Agreements reached under this partnership

Business alliance
4881FunPep Company Limited
Alliance partnerartience Co., Ltd. / トーヨーケム株式会社
Details of the alliance
  1. 1

    The Company will evaluate efficacy and safety in animal studies.

  2. 2

    トーヨーケム is expected to study the formulation of the peptides for transdermal absorption and related matters.

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トーヨーケム is the core company of the artience Group's polymer and coating-related businesses. With the medical and healthcare fields as a priority area, it is developing transdermal formulations, adhesives, biocompatible polymers and other products. In transdermal formulations, it operates a CDMO business and conducts contract research and contract manufacturing for numerous pharmaceutical companies.
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 partnerartience Co., Ltd., トーヨーケム株式会社
Alliance partner's business activitiesトーヨーケム is the core company of the artience Group's polymer and coating-related businesses. With the medical and healthcare fields as a priority area, it is developing transdermal formulations, adhesives, biocompatible polymers and other products. In transdermal formulations, it operates a CDMO business and conducts contract research and contract manufacturing for numerous pharmaceutical companies.
Type of allianceBusiness alliance
Details of the allianceThe Company will evaluate efficacy and safety in animal studies., トーヨーケム is expected to study the formulation of the peptides for transdermal absorption and related matters.
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 (18)
Alliance partner's locationAlliance 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 develop transdermal formulations of antibody-inducing peptides as a next-generation formulation technology that is less invasive than injectable formulations and offers greater convenience and safety.

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Notice of the Conclusion of a Joint Research Agreement on the Development of Transdermal Formulations for Antibody-Inducing Peptides | FunPep Company Limited (4881) timely disclosure | Komori