Form 8-K · Current Report · Filed 2026-07-14
West Pharmaceutical Services Amends Technology and Distribution Agreements with Daikyo Seiko
West Pharmaceutical Services, Inc. has amended its technology exchange and crosslicense agreement and distributorship agreements with Daikyo Seiko, Ltd., effective July 14, 2026. The agreements, which have a 10-year term, involve the sharing of know-how and patents for pharmaceutical packaging products and establish distribution rights for each company's products in specific regions. The amendments are substantially similar to the original agreements from 2017, with updates made through subsequent letters and amendment agreements.
- Filer
- West Pharmaceutical Services Inc. WST · NYSE
- Filed
- Accession
- 0000105770-26-000093
- CIK
- 0000105770
- Signal
- Medium impactHealthcare
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$359.70
Next session
-0.2%
Since filing
-5.2%
Latest close
$340.96
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Previous filings from WST reporting the same item, with the next session's move:
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Within 45 days of this filing, WST insiders reported 1 Form 4 transaction — net buying of $17K.
About West Pharmaceutical Services Inc.
West Pharmaceutical Services Inc. is a leading global provider of innovative solutions for injectable drug administration. The company specializes in designing and manufacturing packaging and delivery systems specifically for pharmaceuticals, biologics, and vaccines. West Pharmaceutical Services plays a crucial role in ensuring the safety and efficiency of drug delivery through its products, which include stoppers, seals, containers, and pre-fillable syringe systems. Catering to a diverse range of healthcare and pharmaceutical clients, the company's offerings are integral in the development and distribution of injectable therapies across various therapeutic categories, including oncology, diabetes, and infectious diseases. As a partner to some of the world's leading pharmaceutical companies, West Pharmaceutical Services contributes significantly to advancements in medical treatments and healthcare technologies globally. Its commitment to quality and innovation underscores its importance in the pharmaceutical supply chain and enhances drug efficacy, ultimately impacting patient care and treatment outcomes.
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