Kyowa Kirin Announces Agreement with U.S. Administration to Reduce Treatment Costs for Americans

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Kyowa Kirin Announces Agreement with U.S. Administration to Reduce Treatment Costs for AmericansAuthor of the article:Strengthens Kyowa Kirin’s commitment to expanding access to medicinesReinforces investment in U.S. manufacturing and innovationTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountTOKYO and PRINCETON, N.J., Aug. 31, 2026 (GLOBE NEWSWIRE) — Kyowa Kirin Co., Ltd. (TSE:4151, Kyowa Kirin), a Japan-based global specialty pharmaceutical company, today announced a voluntary agreement with the U.S. government to improve access and lower the cost of medicines for American patients.As part of the agreement, the company will participate in the GENEROUS model, in which certain medicines are offered to state Medicaid patients at a discount, and will launch applicable new products in other developed countries with a more balanced pricing framework. The detailed terms of the agreement remain confidential. Additionally, the company reached an agreement with the U.S. Department of Commerce to defer Section 232 tariffs.“This agreement reflects our ongoing efforts to advocate for broad patient access; we believe in the importance of strengthening the resilience and viability of health systems worldwide and stand ready to work constructively on global initiatives that support access to life-changing therapies,” said Abdul Mullick, Ph.D., President and CEO of Kyowa Kirin. “We appreciate our ongoing partnership with the U.S. government and believe this is a pragmatic step toward offering breakthrough medicines to patients. This paves the way for us to further biopharmaceutical innovation in the U.S. while advancing progress in orphan diseases worldwide.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againKyowa Kirin has a strong history of scientific innovation and investment in orphan diseases and recognizes the role the U.S. plays in biopharmaceutical innovation and advancement. The company’s meaningful investment and operating footprint in the U.S. include: A new $530 million state-of-the-art biomanufacturing facility under construction in Sanford, NC. The site, recently selected for the new FDA PreCheck Pilot Program, will develop and produce biologic therapies and is expected to be operational in 2027. The company’s research facility in La Jolla, CA, which has been active for nearly 30 years, identifies antibody and cell-therapy targets for new medicines. Kyowa Kirin’s North America Headquarters, based in Princeton, NJ. About Kyowa KirinKyowa Kirin aims to discover and deliver novel medicines and treatments with life-changing value. As a Japan-based Global Specialty Pharmaceutical Company, we have invested in drug discovery and biotechnology innovation for more than 70 years and are currently working to engineer the next generation of antibodies and cell and gene therapies with the potential to help patients with high unmet medical needs, such as bone & mineral, intractable hematological diseases/haemato-oncology, and rare diseases. A shared commitment to our values, to sustainable growth, and to making people smile unites us across the globe. You can learn more about the business of Kyowa Kirin at: www.KyowaKirin.com This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.