News release

TOKYO, JAPAN - July 5, 2018 - Terumo Corporation (TSE: 4543) today announced that it has entered into an exclusive distribution relationship in Japan for a fentanyl injection anesthesia product with Piramal Critical Care Ltd., a wholly owned subsidiary of Piramal Enterprises Ltd., which is a diversified conglomerate headquartered in India. Piramal Critical Care acquired the product from Janssen Pharmaceutica NV in October 2016 and the product is currently marketed as a generic drug in Japan by Janssen Pharmaceutical K.K. With the conclusion of the exclusive distribution rights agreement, Terumo will take over marketing authorization of the product in Japan. The transfer of business is scheduled for the fiscal year 2019.
Fentanyl is a prescription-only narcotic analgesic that is widely used for postoperative pain management. Having designated pain management as an important business domain, Terumo also markets products that alleviate cancer pain and an intravenous injection of acetaminophen. With the conclusion of this exclusive distribution rights agreement, Terumo aims to expand treatment options to help alleviate patients' pain.
About Terumo
Terumo (TSE: 4543) is a global medical innovation company. Guided by an unwavering commitment to patients, and driven by the passion of our associates, we strive to fulfill our Group Mission of “Contributing to Society through Healthcare.” Founded in Tokyo in 1921, we provide a comprehensive range of solutions in the fields of therapeutic procedures, hospital operations, and life sciences in more than 160 countries and regions.