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޲Ʊ and Teikoku Seiyaku Sign Agreements on Transdermal Patch Formulation of Donepezil Hydrochloride

޲Ʊ., Ltd. (Headquarters: Tokyo, President and CEO: Haruo Naito, “޲Ʊ”) 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 ޲Ʊ
Japan: ޲Ʊ option rights concerning development and marketing
Other Territories: Exclusive development and marketing by ޲Ʊ

In addition, ޲Ʊ 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.

޲Ʊ is working proactively to enhance patient value by adding new indications and formulations of donepezil hydrochloride (Aricept®). With these agreements, ޲Ʊ 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.

Contacts:

PR Department
޲Ʊ., Ltd.

81-3-3817-5120