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    4151 — Kyowa Kirin News Story

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    Brief: Ardelyx Inks Agreement With Japanese Partner, Kyowa Kirin Co, To Amend License Agreement

    Picture of Kyowa Kirin logoKyowa Kirin
    11/04/2022 12:30
    April 11 (Reuters) - Kyowa Kirin Co Ltd  4151.T :
    * ARDELYX INC - REACHED AN AGREEMENT WITH ITS JAPANESE
COLLABORATION PARTNER, KYOWA KIRIN CO. LTD., TO AMEND LICENSE
AGREEMENT
    * ARDELYX - FOR REDUCTION IN ROYALTY RATE DUE UPON NET SALES
IN
JAPAN, KYOWA KIRIN AGREED TO PAY CO UP TO ADDITIONAL U.S. $40
MILLION IN 2 TRANCHES

Source text for Eikon:  ID:nPn5bxcLKa 
Further company coverage:  4151.T 

 ((reuters.briefs@thomsonreuters.com;))

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