Since it first received US approval for thyroid cancer in February 2015, excitement around Eisai’s (TYO: 4523) Lenvima (lenvatinib mesylate) as one of the hottest properties in oncology has steadily been growing.
Some three years and two major approvals later, any remaining doubts about the blockbuster potential of the oral receptor tyrosine kinase (RTK) inhibitor were blown away by Merck & Co (NYSE: MRK) paying $300 million to Eisai - plus more than $5 billion in possible milestones - to claim a share of the development and commercialization rights for Lenvima (lenvatinib).
The deal will also see the companies work together on a series of trials combining Lenvima with Keytruda (pembrolizumab), the US pharma giant’s anti-PD-1 immunotherapy that was described at this year’s American Society of Clinical Oncology (ASCO) Annual Meeting as the ‘king of immuno-oncology’.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze