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Execution of License Agreement on Flutiform, an Anti-asthmatic Treatment, in Japan

April 22, 2008

Execution of License Agreement on Flutiform™ , an Anti-asthmatic Treatment, in Japan Kyorin Pharmaceutical Co., Ltd. (Tokyo, President: Ikuo Ogihara), a subsidiary of Kyorin Co., Ltd., announces that it has entered into a License Agreement with SkyePharma PLC (United Kingdom, CEO: Mr. Frank Condella) as of April 22, 2008 on Flutiform™ , an anti-asthmatic treatment currently under development for Europe and the USA.