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Corporation
INDUSTRIALS | Basic Materials / Chemicals
toray.com

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Investments

7

Partners & Customers

10

About Toray Industries

Toray Group fuses nanotechnology into its operations, using organic synthetic chemistry, polymer chemistry and biotechnology as its core technologies. In addition to the Foundation Businesses of fibers & textiles and plastics & chemicals, Toray likewise promotes the global development of IT-related products, carbon fiber composite materials, pharmaceuticals and medical products, environment & engineering including water treatment and progress in other pivotal business fields.

Toray Industries Headquarters Location

Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome Chuo-ku

Tokyo, 103-8666,

Japan

+81-3-3245-5111

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Toray Industries Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Latest Toray Industries News

Toray Industries : Receives Approval from China's NMPA for Careload® to Treat Pulmonary Arterial Hypertension

Sep 28, 2022

09/26 09/27/2022 | 10:16pm EDT Message : Toray Receives Approval from China's NMPA for Careload® to Treat Pulmonary Arterial Hypertension Sep. 28, 2022 Shenzhen Main Luck Pharmaceuticals Inc. Tokyo, Japan, September 28, 2022 - Toray Industries, Inc., announced today that it has received approval from China's National Medical Products Administration (NMPA) (see explanatory note 1) for Careload® tablets to treat pulmonary arterial hypertension. Careload® is a proprietary orally administered sustained-release formulation of beraprost sodium, a derivative of prostacyclin (PGI2) (explanatory note 2). Shenzhen Main Luck Pharmaceuticals Inc. will sell and provide information about this offering in all areas of mainland China. Toray and Shenzhen Main Luck Pharmaceuticals are preparing to launch Careload® in early 2023. Pulmonary arterial hypertension is high blood pressure in the arteries suppling the lungs, a disorder caused by abnormalities in those arteries. It is hard to detect in early stages. The disease has often progressed significantly by the time shortness of breath, fatigue and other symptoms become noticeable. In advanced stages, it can cause heart failure. Toray created Careload® and obtained approval in Japan in 2007 for it to treat pulmonary arterial hypertension. The NMPA added this agent to its "urgently needed" list in 2019. The list covers overseas drugs for life-threatening orphan diseases (explanatory note 3). Toray and Shenzhen Main Luck Pharmaceuticals applied in April 2020 for Careload® as a pulmonary arterial hypertension treatment option in mainland China, and received approval as previously mentioned The two companies look forward to helping improve the quality of life for sufferers of this disease in that market. Summary of approval in China Brand Name:

Toray Industries Investments

7 Investments

Toray Industries has made 7 investments. Their latest investment was in Riverfield as part of their Series B on October 10, 2017.

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Toray Industries Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/23/2017

Series B

Riverfield

$10.1M

Yes

4

10/24/2016

Series A

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$99M

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10

12/29/2015

Corporate Minority - II

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10

3/31/2014

Secondary Market

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10

12/31/2009

Corporate Minority

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10

Date

10/23/2017

10/24/2016

12/29/2015

3/31/2014

12/31/2009

Round

Series B

Series A

Corporate Minority - II

Secondary Market

Corporate Minority

Company

Riverfield

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Amount

$10.1M

$99M

New?

Yes

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Co-Investors

Sources

4

10

10

10

10

Toray Industries Acquisitions

4 Acquisitions

Toray Industries acquired 4 companies. Their latest acquisition was SK Chemicals - Prepreg on October 06, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/6/2021

$99M

Acquired Unit

2

8/29/2019

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$99M

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10

3/14/2018

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$99M

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10

9/28/2013

Other Venture Capital

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$99M

$99M

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10

Date

10/6/2021

8/29/2019

3/14/2018

9/28/2013

Investment Stage

Other Venture Capital

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired Unit

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Sources

2

10

10

10

Toray Industries Partners & Customers

10 Partners and customers

Toray Industries has 10 strategic partners and customers. Toray Industries recently partnered with Agency for Science, Technology and Research on September 9, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

9/21/2022

Partner

Singapore

Toray And A*STAR Collaborate On SiC Heat Dissipation

Toray Industries and Institute of Microelectronics previously collaborated to develop a robust SiC power semiconductor module that incorporates high-heat dissipation adhesive sheets from the FALDATM lineup .

1

6/16/2022

Partner

South Korea

LG Chem establishes a joint venture in Hungary with Japan’s Toray… “Separation membrane super-gap spur”

LG Chem has completed the establishment of a joint venture with Japan 's Toray and is accelerating its entry into the European separator market .

1

6/9/2022

Partner

Japan

Polyplastics-Evonik and Toray Co-Develop Multilayer Plastic Tube Material Offering Long-Term and Hydrolysis Resistance.

Polyplastics-Evonik Corporation and Toray Industries , Inc. accordingly joined hands to develop an adhesive material that can bond those resins .

1

3/22/2022

Partner

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10

1/28/2022

Partner

Japan

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10

Date

9/21/2022

6/16/2022

6/9/2022

3/22/2022

1/28/2022

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

Singapore

South Korea

Japan

Japan

News Snippet

Toray And A*STAR Collaborate On SiC Heat Dissipation

Toray Industries and Institute of Microelectronics previously collaborated to develop a robust SiC power semiconductor module that incorporates high-heat dissipation adhesive sheets from the FALDATM lineup .

LG Chem establishes a joint venture in Hungary with Japan’s Toray… “Separation membrane super-gap spur”

LG Chem has completed the establishment of a joint venture with Japan 's Toray and is accelerating its entry into the European separator market .

Polyplastics-Evonik and Toray Co-Develop Multilayer Plastic Tube Material Offering Long-Term and Hydrolysis Resistance.

Polyplastics-Evonik Corporation and Toray Industries , Inc. accordingly joined hands to develop an adhesive material that can bond those resins .

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Sources

1

1

1

10

10

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