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Nxera Pharma Licenses GPCR-targeted Program to Newly Founded Spin-out Company
New company established by a leading international life sciences investment firm Tokyo, Japan and Cambridge, UK, 12 January 2026 – Nxera Pharma Co., Ltd. (“Nxera” or “the Company”; TSE 4565) announced that it has entered into a license agreement (the “Agreement”) with a newly established independent company (the “NewCo”), created by a leading international life sciences investment firm, to advance Nxera’s G protein-coupled receptor (GPCR)-targeted program (the “Program”). Under the Agreement, Nx
About this update from Nxera Pharma Co., Ltd.
[{"type":"image","alt":"Nxera Pharma","displaySize":"","headline":null,"caption":"Nxera Pharma","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":101,"url":"https://media.zenfs.com/en/globenewswire.com/3c5c5d1f11d2ca9444665ce7b9191638"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MMtO8FGLy1ULu25TBGkF3w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0MTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/3c5c5d1f11d2ca9444665ce7b9191638","width":300,"height":101}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"New company established by a leading international life sciences investment firm","length":80,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":80,"olType":false},{"type":"text","content":"Tokyo, Japan and Cambridge, UK, 12 January 2026 – Nxera Pharma Co., Ltd. (“Nxera” or “the Company”; TSE 4565) announced that it has entered into a license agreement (the “Agreement”) with a newly established independent company (the “NewCo”), created by a leading international life sciences investment firm, to advance Nxera’s G protein-coupled receptor (GPCR)-targeted program (the “Program”).","length":395,"tagName":"p"},{"type":"text","content":"Under the Agreement, Nxera has received an equity stake in NewCo and upon successful development and commercialization of the asset, Nxera is entitled to receive milestone payments and royalties from sales. Under the terms of the agreement, Nxera has retained certain rights to develop and commercialize the asset in Japan and certain Asia-Pacific territories in the future. No details of these economic terms are being disclosed based on contract confidentiality.","length":464,"tagName":"p"},{"type":"text","content":"By partnering with the NewCo, which has the capability to advance asset development and raise capital, Nxera believes this is the best approach to maximize the value of the Program and enable it to reach patients. Nxera also may choose to participate in a Series A financing round of NewCo in the near future alongside major global investment firms.","length":349,"tagName":"p"},{"type":"text","content":"The impact of this Agreement on Nxera’s consolidated financial results for the fiscal year ending 31 December 2026 is currently under review. Nxera will promptly disclose any matters requiring disclosure as they arise.","length":218,"tagName":"p...