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Business alliance4893Noile-Immune Biotech Inc.Pharmaceuticals

Notice of Termination of the Partnership Agreement with Adaptimmune

By mutual agreement, the partnership agreement with Adaptimmune for the research and development of applications of the PRIME technology to TCR-T cell therapy, which has continued since August 2019, will be terminated.

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Agreements reached under this partnership

Discontinuation
4893Noile-Immune Biotech Inc.
Alliance partnerAdaptimmune Limited
Details of the alliance
  1. 1

    Our proprietary PRIME technology was applied to Adaptimmune's technology, and Adaptimmune conducted research and development related to TCR-T cell therapy technology.

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 and development of TCR-T cell therapy technology
Impact on Business Performance

The impact of this matter on our financial results for the fiscal year ending December 2026 is expected to be immaterial.

Alliance start dateAugust 2019
Agreements reached under this partnership
ItemDetails
Name of alliance partnerAdaptimmune Limited
Alliance partner's business activitiesResearch and development of TCR-T cell therapy technology
Type of allianceDiscontinuation
Details of the allianceOur proprietary PRIME technology was applied to Adaptimmune's technology, and Adaptimmune conducted research and development related to TCR-T cell therapy technology.
Alliance start dateAugust 2019
Impact on Business PerformanceThe impact of this matter on our financial results for the fiscal year ending December 2026 is expected to be immaterial.
Items this document does not state (17)
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 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.

The two companies reached this decision after comprehensively considering the progress of research and development activities, Adaptimmune's development capacity, and the optimal allocation of our management and development resources. The companies state that the termination is not due to the safety or efficacy of the PRIME technology.

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Notice of Termination of the Partnership Agreement with Adaptimmune | Noile-Immune Biotech Inc. (4893) timely disclosure | Komori