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Business Alliances4884Kringle Pharma,Inc.Pharmaceuticals

Entered into a basic agreement with Maruishi Pharmaceutical Co., Ltd. for the exclusive distribution in Japan of a drug for treating vocal cord scarring

KRINGLE PHARMA, INC. entered into a basic agreement with Maruishi Pharmaceutical Co., Ltd. toward a final agreement under which Maruishi Pharmaceutical will have exclusive marketing rights in Japan for the vocal fold scarring treatment drug KP-100LI. The company also indicated that Maruishi Pharmaceutical plans to make an additional investment in KRINGLE PHARMA, INC. after the final agreement is executed.

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Agreements reached under this partnership

Capital and Business Alliance
4884Kringle Pharma,Inc.
Alliance partner丸石製薬株式会社
Details of the alliance
  1. 1

    Exclusive marketing rights in Japan

  2. 2

    Upfront contractual payment

  3. 3

    Development milestone payments

  4. 4

    Post-marketing royalty income

  5. 5

    Supply of the product

  6. 6

    After execution of the final agreement, Maruishi Pharmaceutical will make an additional investment in the company

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

1.19%Our ownership stake in the partner’s shares
Shareholding ratio 1.19% (Maruishi Pharmaceutical's ownership stake in the company)
About the partner
Business DescriptionManufacturing and marketing of pharmaceuticals and other products
LocationTsurumi-ku, Osaka
Share capital¥285 million
Net Sales¥42.3 billion (FY2023) / ¥46.0 billion (FY2024) / ¥48.3 billion (FY2025)
Impact on Business Performance

The execution of this basic agreement has no impact on the company's results at this time. The company will promptly disclose any matters requiring disclosure that arise in the future.

Date of board resolution15 July 2026Contract Date15 July 2026 (date of execution of the basic agreement)
Agreements reached under this partnership
ItemDetails
Name of alliance partner丸石製薬株式会社
Alliance partner's business activitiesManufacturing and marketing of pharmaceuticals and other products
Alliance partner's locationTsurumi-ku, Osaka
Alliance partner's capital¥285 million
Alliance partner's net sales¥42.3 billion (FY2023), ¥46.0 billion (FY2024), ¥48.3 billion (FY2025)
Type of allianceCapital and Business Alliance
Details of the allianceExclusive marketing rights in Japan, Upfront contractual payment, Development milestone payments, Post-marketing royalty income, Supply of the product, After execution of the final agreement, Maruishi Pharmaceutical will make an additional investment in the company
Shareholding ratio1.19% (Maruishi Pharmaceutical's ownership stake in the company) → Not disclosed
Date of board resolution15 July 2026
Contract Date15 July 2026 (date of execution of the basic agreement)
Impact on Business PerformanceThe execution of this basic agreement has no impact on the company's results at this time. The company will promptly disclose any matters requiring disclosure that arise in the future.
Items this document does not state (12)
Alliance partner's operating incomeNumber of shares acquiredAcquisition priceOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyAlliance 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 pursue a marketing partnership for the vocal fold scarring treatment drug, based on Maruishi Pharmaceutical's expertise as a specialty pharmaceutical company, extensive experience and domestic marketing structure.

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Entered into a basic agreement with Maruishi Pharmaceutical Co., Ltd. for the exclusive distribution in Japan of a drug for treating vocal cord scarring | Kringle Pharma,Inc. (4884) timely disclosure | Komori