NEWS RELEASE

November 4, 2021

Nippon Shinyaku Establishes a Local Subsidiary in China

Kyoto, Japan, November 4, 2021 - Nippon Shinyaku Co., LTD. (Nippon Shinyaku; Headquarters, Kyoto; President, Toru Nakai) announced today that it has established a local subsidiary "Beijing Nippon Shinyaku Co., Ltd." ("Beijing NS") in Beijing as a development and commercial-consulting foothold in China.

Nippon Shinyaku established Beijing Representative Office in December 2011. It has been contributing to the healthcare in China by enhancing cooperation with our import agents, collecting local pharmaceutical information, and providing medical information on our pharmaceutical products. In addition, it has been supporting clinical development of our pharmaceutical products in China.

Beijing NS will assume and further strengthen current activities of Beijing Representative Office, and start working to serve as a local agent of MAH (Marketing Authorization Holder)*.

Nippon Shinyaku has been actively working with a sense of mission to develop pharmaceutical products for the treatment of intractable and rare diseases, and aiming to provide Chinese patients with products such as viltolarsen for Duchenne muscular dystrophy, which we submitted its New Drug Application in China in June 2021.

*local agent of MAH: Where the MAH is an overseas enterprise, an enterprise legal person within the territory of the People's Republic of China shall be designated to fulfill the obligations of the MAH and assume joint liability with the MAH. (Article 38, Drug Administration Law of the People's Republic of China).

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Overview of Beijing Nippon Shinyaku Co., Ltd.

Company Name:

北京艾努愛世医薬科技有限公司 (Beijing Nippon Shinyaku Co., Ltd.

Address:

3002, Changfugong Office Building, No. 26, Jian Guo Men Wai street,

Chaoyang District, Beijing, 100022, China

Date of Establishment: September 1, 2021

General Manager:

Zhang Xin (also the Chief Representative of Beijing Representative Office)

Capital:

2 million yuan

Business Description: Support of development and sales of pharmaceuticals and functional foods,

and collection of pharmaceutical information, etc.

Contact

Corporate Communications Dept., Nippon Shinyaku Co., Ltd.

FAX: +81-75-321-9128

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Nippon Shinyaku Co. Ltd. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 12:37:10 UTC.