Tokyo, Sept 11, 2014 - (JCN Newswire) - Eisai Co., Ltd. (CEO: Haruo Naito, "Eisai") and Kyorin Pharmaceutical Co., Ltd. (President and CEO: Mitsutomo Miyashita, "Kyorin"), a wholly-owned subsidiary of KYORIN Holdings, Inc. (President and CEO: Masahiro Yamashita) announced today that they have entered into an agreement concerning the evaluation and use of Eisai's compound library, which includes natural products, by Kyorin with the aim of leveraging both companies' resources for the discovery of innovative new antibacterial agents.
Under this agreement, Eisai grants Kyorin the rights to evaluate the feasibility of developing compounds for the antibacterial field using the compound library owned by Eisai, and Eisai receives a certain lump-sum payment from Kyorin.
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