ÎÚÑ»´«Ã½

ÎÚÑ»´«Ã½. (Headquarters: Tokyo, President & CEO: Haruo Naito, “ÎÚÑ»´«Ã½”) announced today the establishment and commencement of operations of ÎÚÑ»´«Ã½ Limited (Location: Ontario), the Company's new pharmaceutical sales subsidiary in Canada. ÎÚÑ»´«Ã½ Limited is the Canadian subsidiary of ÎÚÑ»´«Ã½ Inc., the Company's U.S. subsidiary.

ÎÚÑ»´«Ã½ Limited was established following a change in registration of the Canadian branch of MGI Pharma, previously acquired by ÎÚÑ»´«Ã½. The new subsidiary will serve as ÎÚÑ»´«Ã½'s pharmaceutical sales base for the entire Canadian market.

ÎÚÑ»´«Ã½ Limited plans to register and commercialize select products from the Company's U.S. product portfolio, beginning with Gliadel® Wafer. Over time, additional oncology and neurology products may be introduced to the Canadian market, including T-cell lymphoma agent Targretin®, antiepileptic agent Banzel, and future products from ÎÚÑ»´«Ã½'s pipeline, such as anticancer agent Eribulin (generic name) and AMPA receptor antagonist Perampanel (generic name).

By expanding its sales capabilities in Canada, the ninth largest pharmaceutical market in the world, ÎÚÑ»´«Ã½ aims to strengthen its business operations and presence in the region and independently market its products in accordance with local market needs. The establishment of ÎÚÑ»´«Ã½ Limited not only means that ÎÚÑ»´«Ã½ now has a pharmaceutical sales subsidiary in Canada, it will also allow the Company to prepare for future expansion based on the Company's hhc philosophy in both the United States and Canada.

By establishing ÎÚÑ»´«Ã½ Limited, ÎÚÑ»´«Ã½ will make contributions to addressing the diversified needs of Canadian patients and their families through the stable supply of high quality drug products and provision of information.

[Please refer to the following notes for further information on ÎÚÑ»´«Ã½ Limited]