Daiichi Sankyo links with Translational Sciences on blood clot dissolver TS23

17 September 2015

Japanese pharma major Daiichi Sankyo (TYO: 4568) has signed an exclusive licensing agreement with US clinical-stage biotech firm Translational Sciences to develop and commercialize the latter’s novel thrombus (blood clot) dissolving agent, TS23, which is currently undergoing Phase I clinical trials.

Based on this agreement, Daiichi Sankyo will pay Translational Sciences unspecified fees, milestones and royalties for exclusive rights to globally develop and commercialize TS23.

This agreement to develop and commercialize this unique thrombus dissolving agent, TS23, is in line with the Daiichi Sankyo R&D strategy to expand its portfolio in the prevention and treatment of thrombosis, the Japanese firm said.

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