Kyowa Kirin Co (JP:4151) has released an update.
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Kyowa Kirin Co., Ltd. is restructuring its operations in the Asia-Pacific region by transferring equity of its Chinese subsidiary to a new company, which will then be sold to Hong Kong WinHealth Pharma Group Co. Limited. The company will also grant licenses for the commercialization of its established medicines and global products, including Crysvita and Poteligeo, to partners in various APAC countries. This strategic move is intended to ensure a continuous supply of medicines to patients and contribute to the sustainable growth of Kyowa Kirin.
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