Chugai Pharmaceutical to Acquire Renalys Pharma
October 24, 2025
Chugai Pharmaceutical Co., Ltd. will acquire Renalys Pharma, Inc. through a definitive stock purchase agreement. The transaction includes an upfront payment of JPY 15.0 billion and potential earn-outs of up to JPY 16.0 billion tied to regulatory and sales milestones for sparsentan in Japan, South Korea, and Taiwan.
- Buyers
- Chugai Pharmaceutical Co., Ltd.
- Targets
- Renalys Pharma, Inc.
- Industry
- Biotechnology
- Location
- Japan
- Transaction Type
- Buyout
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