News Release

Transfer of BioWa's "External Innovation Engine" In-Licensing Activities to Kyowa Hakko Kirin California

February 17, 2015

La Jolla, California, February 16, 2015 --- BioWa, Inc. (President and CEO: Yasunori Yamaguchi, Ph.D.; headquartered in La Jolla, California, "BioWa") and Kyowa Hakko Kirin California, Inc. (President: Yasunori Yamaguchi, Ph.D.; headquartered in La Jolla, California, "KKC") announced today the transfer of BioWa's in-licensing activities to KKC. Both companies are wholly owned subsidiaries of Kyowa Hakko Kirin Co. Ltd. (President and CEO: Nobuo Hanai, Ph.D.; headquartered in Tokyo, Japan)

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