JCR Pharmaceuticals Confirms MEDIPAL as Largest Shareholder
Company Announcements

JCR Pharmaceuticals Confirms MEDIPAL as Largest Shareholder

JCR Pharmaceuticals Co., Ltd. (JP:4552) has released an update.

JCR Pharmaceuticals Co., Ltd. has announced that MEDIPAL HOLDINGS CORPORATION is its largest shareholder with a 23.28% voting rights ownership. Both companies have been collaborating since 2017, focusing on leveraging MEDIPAL’s distribution and sales promotion strengths alongside JCR’s pharmaceutical R&D expertise. Recent agreements between the two companies include exclusive negotiation rights for MEDIPAL on global commercialization of JCR’s new drug candidates and licensing for the treatment of rare lysosomal storage diseases.

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