- For Print
- February 26, 2009
˶ Co., Ltd. (Headquarters: Tokyo, President and CEO: Haruo Naito, “˶”) announced today that it has enterd into an option agreement on a transdermal patch formulation of donepezil for the territory of Japan with Teikoku Seiyaku Co., Ltd. (Headquarters: Kagawa, President & CEO: Shosaku Murayama, “Teikoku Seiyaku”) and also a license agreement on the same product for all countries except Japan with its U.S. subsidiary, Teikoku Pharma USA, Inc. (Headquarters: California, President & CEO: Masahisa Kitagawa, “Teikoku USA”), respectively, as follows:
USA: Development by Teikoku USA, exclusive marketing by ˶
Japan: ˶ option rights concerning development and marketing
Other Territories: Exclusive development and marketing by ˶
In addition, ˶ obtained an option right to enter into an exclusive license agreement to develop and commercialize the second generation product in all countries except Japan from Teikoku USA and Teikoku Seiyaku.
˶ is working proactively to enhance patient value by adding new indications and formulations of donepezil hydrochloride (Aricept®). With these agreements, ˶ will aim to provide a new formulation option and continue to make further contributions to addressing the diversified needs of the people living with Alzheimer’s disease, and to improving their benefits.