April 2, 2014
Tokyo -- Terumo Corporation (TSE: 4543 Section 1) and Biosensors International Group, Ltd. ("Biosensors", Bloomberg: BIG SP; Reuters: BIOS.SI; SGX: B20) announced today an expansion of sales collaboration in Japan and an extension of their existing licensing agreements, in regard to Terumo's Nobori® drug-eluting stent.
Through an expansion of existing sales collaboration with Biosensors Japan Co., Ltd., Japanese subsidiary of Biosensors, Terumo will aim to expand the sales of Nobori® drug-eluting stent. On another front, under the agreements, Terumo can continue to sell Nobori® for territories outside of Japan, excluding the United States, until December 2016.
Terumo plans to launch its "Ultimaster™" Silorimus drug-eluting stent from June 2014, which has already received the CE mark. By also selling "Ultimaster™," Terumo aims to achieve growth and expand the company's drug-eluting stent business.
Nobori® incorporates Biolimus A9™ anti-restenotic drug and biodegradable polymer developed and patented by Biosensors. It is now sold in over 20 countries across Europe, Asia and Latin America.
(Notice) Among the information that Terumo discloses, the forward-looking statements including financial projections are based upon our assumptions using information available to us at the time and are not intended to be guarantees of future events or performance. Accordingly, it should be noted that actual results may differ from those forecasts on projections due to various factors. Factors affecting to actual results include, but are not limited to, changes in economic conditions surrounding Terumo, fluctuations of foreign exchange rates, and state of competition. The market share information in this press release is partly derived from our own independent research.