Roivant Sciences inks broad partnership with Daiichi Sankyo
Switzerland-based Roivant Sciences yesterday announced that it has entered into a collaboration with Daiichi Sankyo (TYO: 4568) to facilitate the out-licensing of investigational medicines.
No financial details of the collaboration were disclosed but the Japanese drugmaker’s shares were down 4.34% to 3,703 yen in trading today.
Under the terms of the agreement, Roivant will have the option to obtain exclusive licenses for certain development programs from Daiichi Sankyo on pre-specified terms contingent on phase of development.
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