医療従事者の為の最新医療ニュースや様々な情報・ツールを提供する医療総合サイト

Taiyo Pacific Partners Becomes Major Shareholder in Sosei Group Corporation with Stake over 5%

2018年06月04日 AM10:29
このエントリーをはてなブックマークに追加


 

TOKYO

Taiyo Pacific Partners announced today that it has accumulated in excess of 5% in Sosei Group Corporation (4565) to become Sosei’s second largest shareholder. The company (or “Sosei”) is an international biotechnology company focused on discovering, developing and delivering new medicines that could contribute to improving the health and quality of life of people around the world. Taiyo Pacific Partners is a pioneer of friendly engagement investing in Japan and has been proactively working with senior management at its portfolio companies to enhance shareholder value for over 14 years.

Brian K. Heywood, Chief Executive Officer and Managing Partner of Taiyo Pacific Partners, said, “I am excited about the strategic investments the Company has made to augment their technology and business. With the addition of Heptares Therapeutics, Sosei has a differentiated drug discovery platform and a burgeoning pipeline of partnered and in-house drugs with the potential to address multiple diseases afflicting billions around the world. As with all of our portfolio companies, we look forward to working with management and supporting their continued growth.”

Michael A. King, Chief Investment Officer and Managing Partner of Taiyo Pacific Partners, said, “While the quarter-by-quarter earnings and cash flow will be lumpy during this investment phase, we are excited about the long-term potential for Sosei’s drug discovery process to bring multiple novel candidates into trials over the next 18-24 months. Sosei’s balanced model of partnership, strategic tie-ups, and in-house R&D is geared toward optimizing upside while diversifying development and commercial risk across a range of clients and disease indications. We believe that patient investors will be well rewarded for their investment in Sosei.”

Taiyo Pacific Partners, located in Kirkland, Washington, was founded in 2003 by Asia-focused professionals dedicated to friendly shareholder activism in Japan and other Asian countries. The firm currently manages approx. $2.5 billion in Japan focused funds. All strategies employ a friendly activist approach. Investors include international blue-chip investors such as major pension plans, Sovereign Wealth Funds, and endowments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180603005163/en/

CONTACT

Taiyo Pacific Partners
Brian K. Heywood, 425-896-5300
taiyo_media@tppllc.com

Related Posts Plugin for WordPress, Blogger...

同じカテゴリーの記事 

  • Seoul Viosys’ Violeds Modules Proven to Disinfect 99% of Airborne Viruses in a Recent Testing Result
  • Aurinia Announces Collaboration and Licensing Agreement with Otsuka Pharmaceutical Co., Ltd. for the Development and Commercialization of Voclosporin in Europe and Japan
  • Kaye推出适用于冷链运输市场的Kaye® Log -80℃ 疫苗温度记录器,以满足COVID-19疫苗储存和运输的要求
  • Kaye® (ケイ)は、COVID-19ワクチンの輸送・保管のニーズに応えるためにKaye® ログ -80ワクチン温度ロガーを、コールドチェーン市場向けに導入(発売)します。
  • DNP的新型非接触式透明屏幕可通过手的动作进行操作