Establishment of Subsidiary in Vietnam

TOKYO, July 1st, 2020, intellim Holdings Corporation, a Clinical Research Organization (Head Office: Taito-ku Tokyo; President and CEO; Masakuni Ukita; hereinafter “intellim”) has established its 100%-owned subsidiary in Hanoi, Vietnam “intellim Vietnam Co., Ltd” as its 7th overseas office as of June 12, 2020.

1. Background and Objective

The intellim Group has been expanding its business with the vision of “Being a No. 1 Clinical Development Partner in Asia” since its establishment in 2005. In response to the recent rise in demand for drug development in Southeast Asia, intellim Holdings Corporation established its subsidiary in Vietnam. intellim sees Vietnam as one of the most remarkable countries in Southeast Asia, destined to experience rapid growth like Malaysia and Vietnam, prompting expansion of its services in Southeast Asia.

2. New subsidiary, intellim Vietnam

Company name	:	intellim Vietnam Co., Ltd
Address	:	Floor 14, Hapro building, No.11B Cat Linh, Quoc Tu Giam ward, Dong Da district, Ha Noi city, Viet Nam.
Representative	:	President & CEO Masakuni Ukita (Chairperson/CEO: Masakuni Ukita)
Date of establishment	:	June 12, 2020

Services provided:

1. Processing of test data for medical devices and drugs
2. Scientific examination, Research and Technical development in the medical field: Clinical trials and researches for drug development
3. Consultation for medical technology
4. Clinical trial support: Monitoring, Examination, Statistical analysis, Data management and Management support for clinical trials