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Stock impact report

Daiichi Sankyo Is Not A Buy Now [Seeking Alpha]

DAIICHI SANKYO S/ADR (DSNKY) 
Company Research Source: Seeking Alpha
Daiichi Sankyo ( OTCPK:DSNKY The prospect to which I refer is the DS-8201 drug, marketed under the brand name Enhertu, which targets HER2 metastatic breast cancer cells. It is an antibody-drug conjugate, or ADC - a type of drug that targets cancer cells while sparing healthy cells. FDA approval for Enhertu was granted Daiichi Sankyo clearly has great confidence in Enhertu going forward. Company president and CEO Sunao Manabe has declared cut in March 2019 AZN The terms of the deal are as follows: AstraZeneca will pay Daiichi Sankyo $6.9 billion and receive a share of Enhertu sales, Daiichi Sankyo will receive revenue from sales in Japan, Europe, and the U.S. while AstraZeneca get the rest, and development costs will be split evenly. The fact that Daiichi Sankyo has structured the deal so favorably to them, and that AstraZeneca was happy to accept that deal, underlines that Daiichi Sankyo has something special here. If Manabe's prediction does come to pass, shareholders will be happy t Show less Read more
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