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On the start of phase 1 for KRP-104, therapeutic agent for diabetes, in USA

March 7, 2006

KYORIN Pharmaceutical Co., Ltd. (Ikuo Ogihara, President) filed an IND application (Investigational New Drug Application) for Phase I Clinical Study (Ph 1; Phase 1) on an anti-diabetic agent, KRP-104, that we have newly discovered with the FDA and has initiated administration of KRP-104 to healthy subjects in the United States in this month. The clinical trial on KRP - 104 is the first project for which KYORIN Pharmaceutical Co., Ltd. has filed an IND application with the FDA independently.

KYORIN has been engaged in a collaborative development of KRP - 104 with ActivX Biosciences since 2002, and this project has made it possible to conduct the search for the lead compound as rapidly as we had hoped. This drug is a DPP-IV inhibitor, which shows effect of enhancing insulin secretion and consequently shows glucose-lowering effect by inhibiting the decomposition of insulin secretion hormone. It has a novel mechanism of enhancing insulin secretion during the post-prandial hyperglycemic stage making it a promising candidate for use alone or in combination with other anti-diabetic agents with a reduced risk of hypoglycemia.

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