2021/11/29

Shionogi Announces Agreement for Joint Sales with Towns Co., Ltd. for Novel Coronavirus Antigen Test Kit Products in Japan.

OSAKA, Japan, November, 29, 2021 - Shionogi & Co., Ltd. (Head Office: Osaka, Japan; President and CEO: Isao Teshirogi, Ph.D. ; hereafter “Shionogi”) are pleased to announce that it has concluded a joint sales agreement with Towns Co., Ltd. (Head Office: Shizuoka, President and CEO: Masataka Nonaka: hereafter, "Towns") for its novel coronavirus (SARS-CoV-2) antigen test kit products in Japan.

 

Based on this agreement, Shionogi and Towns will promote the SARS-CoV-2 antigen test kit "Immunoace ® SARS-CoV-2 II", which has been marketed by Towns. In the future, both companies also will promote an antigen test kit capable of detecting both SARS-CoV-2 and influenza simultaneously1, which Towns has currently filed for approval.

 

The novel coronavirus infection (COVID-19) can rapidly become more severe even if it is initially mild, therefore a simple and accurate diagnosis is important early after infection. The statement2 issued last year by JAID (The Japanese Association for Infectious Diseases) recommended that, for patients with symptoms such as fever, both influenza and COVID-19 tests should be considered, according to the local epidemic situation in winter. Even this winter, depending on the epidemic situation with respect to both viruses, it is expected that the need for simultaneous testing will increase. Based on this joint sales agreement, Shionogi and Towns will provide products that meet the needs of medical institutions and patients.

 

Shionogi is committed to “Protect people worldwide from the threat of infectious diseases” as our key focus. We are not only pursuing the research and development of therapeutics, but are also working towards total care for infectious diseases, through awareness building, epidemic monitoring, prevention, diagnosis, and addressing exacerbations, as well as the treating the infection itself. As SARS-CoV-2 continues to have a major impact on people’s lives and to represent a global threat, we will seek to contribute to re-establishing the safety and security of society by committing to the rapid development and supply of vaccines and oral therapeutics, as well as diagnostic and pathogen detection tools.

 

 

About Towns Co., Ltd.

Towns Co., Ltd. is one of the largest companies of rapid infectious disease diagnostic kits, and manufactures diagnostics and research reagents applying various technologies and commercializes them domestically and internationally. In the field of rapid infectious disease diagnostics, which are our main product, we are widely recognized not only by hospitals and practitioners, but also by research institutes and bio-venture companies, as a company that provides high-quality products and customer service. Please see the company website for details. Towns Co., Ltd. website

 

 

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are based on expectations in light of the information currently available, assumptions that are subject to risks and uncertainties which could cause actual results to differ materially from these statements. Risks and uncertainties include general domestic and international economic conditions such as general industry and market conditions, and changes of interest rate and currency exchange rate. These risks and uncertainties particularly apply with respect to product-related forward-looking statements. Product risks and uncertainties include, but are not limited to, completion and discontinuation of clinical trials; obtaining regulatory approvals; claims and concerns about product safety and efficacy; technological advances; adverse outcomes of important litigation; domestic and foreign healthcare reforms and changes of laws and regulations. Also for existing products, there are manufacturing and marketing risks, which include, but are not limited to, inability to build production capacity to meet demand, unavailability of raw materials and entry of competitive products. The company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

 

For Further Information, Contact:
Corporate Communications Department
Shionogi & Co., Ltd.
Contact form: https://www.shionogi.com/global/en/contact.html

 

 

References

1.       Novel Coronavirus and Influenza Virus Antigen Test Rapid Diagnostic Kit Notification of Pharmaceutical Affairs Application

https://www.tauns.co.jp/wp-content/uploads/2021/11/20211117A.pdf

2.       JAID statement “Preparing for the simultaneous epidemics of influenza and COVID-19”
https://www.kansensho.or.jp/uploads/files/guidelines/2012_teigen_influenza_covid19.pdf

 

Our efforts against COVID-19 are updated on our website as needed. A considerable amount of valuable information on COVID-19 from other websites is also summarized on this page, so please use it for reference: SHIONOGI website