ADVANZ PHARMA Corp. Limited signed an agreement to acquire Global rights of Tostran from Kyowa Kirin Co., Ltd. (TSE:4151) on April 25, 2023. Completion of the acquisition is expected to take place during Q2 2023.

Matthew Appleton and Gareth Irving of Allen & Overy LLP acted as legal advisor to Kyowa Kirin Co., Ltd. (TSE:4151). Greenhill & Co. Japan Ltd. acted as financial advisor to Kyowa Kirin Co., Ltd.