Japanese drugmaker Daiichi Sankyo (TYO: 4568) revealed on Friday that its Datroway (datopotamab deruxtecan; dato-dxd) has been approved in Japan for the treatment of adult patients with hormone receptor (HR) positive, HER2 negative (IHC 0, IHC 1+ or IHC 2+/ISH-) unresectable or recurrent breast cancer after prior chemotherapy. The news pushed the firm’s shares up 2% to 4,410 yen.
The drug, which has recently suffered a couple of regulatory setbacks, is being developed with UK pharma major AstraZeneca (LSE: AZN), under a deal that could potentially earn the Japanese drugmaker $7 billion.
In Japan, breast cancer is the most common cancer in women, with around 92,000 cases of breast cancer diagnosed in Japan in 2022, and about 17,600 deaths. It is estimated that 70% of diagnosed cases are considered what has been historically called HR positive, HER2 negative breast cancer (measured as HER2 score of IHC 0, IHC 1+ or IHC 2+/ISH-), noted Daiichi Sankyo.
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