Merchant Banking

Mitsubishi Tanabe Pharma - Cytochroma

Mitsubishi Tanabe Pharma Corporation (MTPC) is a global pharmaceutical company based in Japan. It specializes in the fields of cardiovascular and metabolic diseases, brain and nerve diseases, and renal and urinary system diseases.

Cytochroma, Inc. is a clinical stage specialty pharmaceutical company focused on developing and commercializing proprietary products to treat and prevent the clinical consequences of vitamin D insufficiency and SHPT associated with CKD.


Burrill & Company’s Role

Burrill was exclusively retained by MTPC to negotiate  a complex licensing transaction and equity investment including:

  • Valuation of the product and the company
  • Financial and scientific due diligence


  • Negotiation and closing of deal in less than six months in a highly competitive environment
MTPC obtained an exclusive license, took a BOD seat and led the $45m Series C, and created a development and commercial partnership across multiple territories