{"id":101735,"date":"2026-08-12T09:16:33","date_gmt":"2026-08-12T00:16:33","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4888-20260812-01_wp_business_update\/"},"modified":"2026-08-12T09:16:33","modified_gmt":"2026-08-12T00:16:33","slug":"4888-20260812-01_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4888\/ir\/4888-20260812-01_wp_business_update\/","title":{"rendered":"Contract signing for development and sales partnership with CBSH and Pengbo for expansion into the Mainland China market"},"content":{"rendered":"<p>To expand BNCT in Mainland China, a development and sales partnership agreement was signed with CBSH and Pengbo. Aims to obtain Chinese approvals and establish a sales framework, anticipating mid-term business expansion.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4888","jir_company_name":"Stellarama Pharmaceutical Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/4888-20260812-01.pdf","jir_short_summary":"To expand BNCT in Mainland China, a development and sales partnership agreement was signed with CBSH and Pengbo. Aims to obtain Chinese approvals and establish a sales framework, anticipating mid-term business expansion.","jir_summary":"### Overview of the partnership\nThis partnership aims to establish a development and sales framework to supply Stellar Pharma's BNCT drug 'Stavronin' to Mainland China, in collaboration with CBSH and Pengbo to pursue NMPA approval. As the overseas MAH, the company will provide data and support, designate a local agent, and set up a total import agent in preparation for post-approval sales arrangements.\n\n### Outlook and medium-to-long-term impact\nThe collaboration is a mid- to long-term strategic partnership aimed at obtaining approval and expanding sales, with a minor anticipated impact on fiscal year ending March 2027. It could lead to BNCT adoption and business expansion in the Chinese market, though specific numerical impacts are not yet determined.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"#CapitalPolicyBasedOnTreasuryStock, #BNCTPartnership, #OverseasExpansion","jir_key_figures":"Key figure 1: Unknown (no specific amounts or shares are disclosed)\nKey figure 2: Unknown (approval timing and start of sales are not disclosed)\nKey figure 3: Unknown (no quantitative information on sales contribution)","jir_meta_title":"\u3010 Stella Pharma \u3011Contract signing with CBSH \/ Pengbo for Mainland China expansion \uff5c August 2026","jir_meta_description":"Stella Pharma accelerates BNCT expansion in Mainland China by signing development and sales partnership agreements with CBSH and Pengbo. Aims to obtain approvals and establish local sales structure. Mid- to long-term earnings impact expected to be minor, with growth opportunities ahead.","jir_og_title":"Contract signed for expansion into China \uff5c Stella Pharma","jir_og_description":"Stella Pharma signs a partnership with CBSH and Pengbo to promote BNCT in the Chinese market, advancing approvals and local sales structure for mid- to long-term growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59263,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-101735","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Contract signing for development and sales partnership with CBSH and Pengbo for expansion into the Mainland China market - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4888\/ir\/4888-20260812-01_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4888\/ir\/4888-20260812-01_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4888\/ir\/4888-20260812-01_wp_business_update\/\",\"name\":\"Contract signing for development and sales partnership with CBSH and Pengbo for expansion into the Mainland China market - 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