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BioKobe developed a durable polymer scaffold for cartilage repair, collaborating with a European partner using chondrocyte culturing. The combined product underwent limited clinical trials under Japan’s conditional approval track, followed by expanded Phase II trials across multiple hospitals. The product received regulatory approval from Japan’s MHLW for broader use and achieved modest but steady market share domestically and regionally. Ongoing R&D continues with stable revenues reported from structured royalty agreements with the European partner.
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