Daiichi Sankyo collaborates on novel cancer therapies

10 December 2018

Shares of Japan’s Daiichi Sankyo (TYO: 4568) advanced 1.17% to 4,164 yen today, after the company announced a strategic oncology development collaboration.

This partnership brings together Daiichi Sankyo's expertise in developing novel cancer agents with Sarah Cannon's leadership in designing and optimizing clinical trials to expand treatment options for patients.

"We look forward to partnering with Sarah Cannon to accelerate drug development globally for patients with cancer who need more innovative therapies," said Tom Held, vice president, head, antibody drug conjugate task force, oncology R&D at Daiichi Sankyo. "We believe that this collaboration will help to make an impact in the field of cancer research, as we combine our operational and scientific expertise to focus on the development of targeted therapies, such as antibody drug conjugates. We look forward to initiating with Sarah Cannon joint clinical activities in the US and Japan as quickly as possible," he added.

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