Tsubota Laboratory Incorporated

2026/08/12 Updated
Market Cap: $44.4M (¥7.1B)
Stock Price: $1.72 (¥274)
Exchange Rate: 1 USD = ¥159.24

【Tsubota Laboratory】 Achievement of Milestone in Clinical Trial of Myopia Progression Suppression Device | July 2026

Tsubota Laboratory announced the submission of the final clinical trial report for the myopia progression suppression device "TLG-001" and achievement of a milestone. In the fiscal year ending March 2027, a one-time payment is scheduled to be recognized as sales, with safety confirmed.

Importance:
Page Updated: July 22, 2026
IR Disclosure Date: July 22, 2026

Key Figures

  • Scheduled recognition of milestone-based one-time payment as sales (Unknown)
  • Exploratory analysis results on outdoor activity time and myopia progression (Specific figures unknown)
  • Ongoing preparations for additional trials in China (Specific schedule unknown)

AI要約

Performance Overview

Tsubota Laboratory announced that it submitted the final report for the domestic clinical trial of "TLG-001," a violet light irradiation device aimed at suppressing myopia progression, to its joint development partner, thereby achieving a milestone. Consequently, the company plans to recognize a one-time payment as sales in the fiscal year ending March 2027. The trial results confirmed safety and provided meaningful insights into the relationship between outdoor activity time and myopia progression. Moving forward, preparations are underway for additional trials in China, with the aim of global expansion.

Future Outlook and Strategy

The company is conducting additional trials in China, planning clinical studies targeting children and adolescents with high myopia rates. To maximize product value and obtain approval in the Chinese market, it will collaborate with partner companies to advance business development. Specific schedules and disclosure matters will be announced as appropriate, with a focus on accelerating R&D efforts to realize a society where children are protected from myopia.

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Tsubota Laboratory, Inc.

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