Daiichi Sankyo Is Not A Buy Now [Seeking Alpha]
DAIICHI SANKYO S/ADR (DSNKY)
NASDAQ:AMEX Investor Relations:
daiichisankyo.com/media_investors/investor_relations/index.html
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
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News
- Metastatic Triple-Negative Breast Cancer (mTNBC) Pipeline Landscape Research 2024: Comprehensive Insights About 10+ Companies and 12+ Drugs [Yahoo! Finance]Yahoo! Finance
- Daiichi Sankyo to Showcase TURALIO® Research in Patients with Tenosynovial Giant Cell Tumor at CTOSBusiness Wire
- Datopotamab Deruxtecan New BLA Submitted for Accelerated Approval in the U.S. for Patients with Previously Treated Advanced EGFR-Mutated Non-Small Cell Lung CancerBusiness Wire
- Alteogen enters into an Exclusive License Agreement to Develop and Commercialize Subcutaneous ENHERTU® Enabled by Alteogen's Hybrozyme™ TechnologyPR Newswire
- ENHERTU® Receives Prestigious 2024 Prix Galien USA Award for Best Biotechnology ProductBusiness Wire