The Japanese pharma group’s shares soared 18% following the next-gen precision drug agreement.
Merck will pay US$4 billion upfront, with an addition of US$1.5 billion over 24 months, and up to US$16.5 billion based on future sales milestones.
Daiichi shares briefly surged almost 18% on the announcement and at the lunch break on the Tokyo bourse were up 12.9% at ¥4,041.00. The companies will jointly develop and potentially commercialise the three drugs worldwide, except in Japan where Daiichi will maintain exclusive rights. “The pioneering work by Daiichi Sankyo scientists has highlighted the far-reaching potential of ADCs to provide meaningful new options for patients with cancer,” Merck chief executive Robert Davis said in a statement.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Maybank to acquire 20pc of Maybank Asset Management Group from PNB for RM70.39mKUALA LUMPUR, Oct 19 — Malayan Banking Bhd (Maybank) has proposed to acquire 8.34 million ordinary shares in Maybank Asset Management Group Bhd (MAMG), representing 20 per cent...
Leggi di più »
Germany’s Pistorius visits troops at UN peacekeeping force in LebanonThe visit comes amid a major escalation between Israel and the Palestinian Islamist group Hamas.
Leggi di più »
Hospital workers’ union to meet with health minister over cleaners’ woesGroup waits for five hours at ministry before being given an appointment next week.
Leggi di più »
Berjaya Group donates RM2 million to Palestine fundPUTRAJAYA: Berjaya Starbucks and RedTone Digital Berhad yesterday donated RM1 million each to the Humanitarian Trust Fund for the People of Palestine....
Leggi di più »
Lawyers' group hits back at NRD over four stateless siblings' citizenship, alleges harassment and hostilityKUALA LUMPUR, Oct 20 — The National Registration Department (NRD) had complicated the process of conferring citizenship to four stateless siblings born to a Malaysian man, legal...
Leggi di più »
EPMB signs MOU with Saean Group – to develop, manufacture Malaysia’s affordable A-segment EVSaean Wid-U Local Bursa Malaysia-listed company, EP Manufacturing Berhad (EPMB) has signed a memorandum of agreement with California-based Saean Group for the joint development and manufacture of four-wheeled electric vehicles, EPMB said in a statement.
Leggi di più »