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KYORIN Pharmaceutical Secures Option for Novel Post-Viral Hyposmia Treatment

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KYORIN Pharmaceutical Secures Option for Novel Post-Viral Hyposmia Treatment

Elevate Your Investing Strategy:

An announcement from KYORIN Pharmaceutical Co.,Ltd. ( (JP:4569) ) is now available.

KYORIN Pharmaceutical has entered into an option agreement with Cyrano Therapeutics to potentially license CYR-064, a novel treatment for post-viral hyposmia, in Japan. This agreement allows KYORIN to develop and commercialize the drug, which is currently in Phase 2 trials in the U.S., and aims to improve the quality of life for individuals suffering from olfactory dysfunction, a condition with no current effective treatments.

More about KYORIN Pharmaceutical Co.,Ltd.

KYORIN Pharmaceutical Co., Ltd. operates in the pharmaceutical industry, focusing on the development and commercialization of high-value new drugs to meet medical needs. The company emphasizes open innovation as part of its long-term strategy Vision 110.

YTD Price Performance: -7.91%

Average Trading Volume: 85,681

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen79.42B

See more data about 4569 stock on TipRanks’ Stock Analysis page.

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