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Yaskawa Electric Corporation
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Overview

Description

Yaskawa Electric Corporation is a prominent player in the industrial automation sector, renowned for its innovative technology and engineering solutions. The company primarily focuses on manufacturing motion control devices, including servo motors, controllers, and robotics, which are crucial for automating industrial operations. Yaskawa's products serve various sectors, notably the automotive, electronics, and logistics industries, providing them with the means to increase efficiency, precision, and productivity. Additionally, the company offers solutions in the energy sector, contributing to the development of sustainable technologies like wind turbines. Founded in 1915, Yaskawa is headquartered in Kitakyushu, Japan, and has established a global presence with its extensive distribution network and customer base. Its commitment to research and development ensures it remains at the forefront of technological advancement, underscoring its significance in the automation and robotics market. Yaskawa's innovations and strategic partnerships continue to drive forward the capabilities of smart manufacturing and green technology, making it a vital component of both traditional and emerging industries worldwide.

About

CEO
Mr. Masahiro Ogawa
Employees
12833
Address
2-1 Kurosakishiroishi
Yahatanishi-ku
Kitakyushu, 806-0004
Phone
81 93 645 8801
Website
Instrument type
Common stock
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
Japan
MIC code
XJPX
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Latest press releases

Mar 6, 2025
Astellas and YASKAWA Agree to Establish a Joint Venture Focused on Cell Therapy Manufacturing

- Joint venture will aim to develop a cell therapy manufacturing platform through robotics and will offer access to startups and academic institutions -

TOKYO, March 5, 2025 /PRNewswire/ -- Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") and YASKAWA Electric Corporation (TSE: 6506, President and CEO; Masahiro Ogawa, "YASKAWA") signed a definitive agreement to establish a joint venture for the development of a cell therapy product manufacturing platform utilizing the dual-arm robot "Maholo." In addition, the joint venture will offer platform access to startups and academic institutions, fostering collaboration and innovation in the field of cell therapy.

In the pharmaceutical industry, the commercialization of cell therapy faces many challenges stemming from the complex nature of the manufacturing process, in particular, related to the accuracy and reproducibility of cell manufacturing. Furthermore, the need for a skilled workforce, coupled with the time and cost investments required for technology transfer to manufacturing facilities, presents additional hurdles. Based on the memorandum of agreement signed in May, 2024, Astellas and YASKAWA have been advancing discussions toward establishing a joint venture to leverage their mutual strengths and accelerate efforts to address these challenges.

The planned joint venture will leverage Astellas' expertise in R&D and manufacturing for cell therapy and the dual arm robot "Maholo," developed by YASKAWA's subsidiary, Robotic Biology Institute. The closing and establishment of the joint venture company are subject to certain closing conditions, including receipt of required regulatory approvals.

Joint Venture Company: Overview

Name

To be determined

Capital

4.5 billion yen (includes capital reserve)

Capital Structure

Astellas 60%, YASKAWA 40%

Establishment

(tentative)

September 2025

Business

Develop a cell therapy product manufacturing platform and

offer access to startups and academic institutions.

 

1.      Explore a manufacturing process with high precision and

         reproducibility using 'Maholo' and optimize the digitized

         manufacturing process with AI

2.      Transfer the digitalized manufacturing process to 'Maholo'

         at other manufacturing facilities via one-click* transfer and

         develop a cell manufacturing platform that meets GMP conditions

3.      Develop manufacturing processes for cell therapy product

         candidates of partners, such as academia and startups,

         as well as manufacture investigational drugs in GMP facilities

* GMP (Good Manufacturing Practice):

A standard for ensuring the safety and quality of pharmaceuticalproduct manufacturing

* One Click Transfer:

Rapid transfer of established manufacturing process to facilities without hands-on training of workers

Through the establishment of a joint venture and the development of a cell therapy manufacturing platform, Astellas is committed to addressing the challenges of commercializing cell therapy and supporting academia and startup companies in implementing innovative cell therapies. By integrating advanced technologies into its cell therapy expertise, Astellas aims to develop potentially transformative cell therapy for patients with limited or no treatment options. Please visit this for more details.

YASKAWA has provided automation solutions for medical testing processes, including cancer genome diagnostics, iPS cell culture, and PCR testing, through delivering "Maholo." With the establishment of a joint venture, YASKAWA aims to expand the use cases of robots in the field of cell therapy beyond the existing life science field.

About Astellas

Astellas is a global life sciences company committed to turning innovative science into VALUE for patients. We provide transformative therapies in disease areas that include oncology, ophthalmology, urology, immunology and women's health. Through our research and development programs, we are pioneering new healthcare solutions for diseases with high unmet medical need. Learn more at www.astellas.com.

Astellas Cautionary Notes

In this press release, statements made with respect to current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Astellas. These statements are based on management's current assumptions and beliefs in light of the information currently available to it and involve known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such factors include, but are not limited to: (i) changes in general economic conditions and in laws and regulations, relating to pharmaceutical markets, (ii) currency exchange rate fluctuations, (iii) delays in new product launches, (iv) the inability of Astellas to market existing and new products effectively, (v) the inability of Astellas to continue to effectively research and develop products accepted by customers in highly competitive markets, and (vi) infringements of Astellas' intellectual property rights by third parties. Information about pharmaceutical products (including products currently in development) which is included in this press release is not intended to constitute an advertisement or medical advice.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/astellas-and-yaskawa-agree-to-establish-a-joint-venture-focused-on-cell-therapy-manufacturing-302394019.html

SOURCE Astellas Pharma Inc.

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