Dependence on Contract Manufacturing Organizations
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
Tms moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 4 of 20 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「To contain fixed costs and maintain management flexibility and efficiency, the Company has not prioritized expanding its organization and instead actively uses external specialist organizations at each stage of R&D. Its business therefore depends on those external contractors.」
Dependence on external contractors may make it difficult to secure alternatives and could cause delays if capacity must be expanded for TMS-007 Phase III or commercial production, or if TMS-007 and TMS-008 manufacturing schedules overlap. - FY2023First statedAnnual report
「Because the Company does not own manufacturing facilities, it depends on third-party contract manufacturing organizations, including Nippon Microbio Pharma Co., Ltd., for manufacturing and supplying product candidates and is expected to depend on such organizations if it becomes involved in product manufacturing in the future.」
Because the Company has no manufacturing facilities and depends on CMOs, development could be delayed by contract termination, disasters, accidents, regulatory requirements or capacity adjustments.