Daiichi Sankyo Inc to merge with US sister company

1 April 2015

Japanese drug major Daiichi Sankyo (TYO: 4568) US subsidiary will merge with its US-based sister company, Asubio Pharmaceuticals. As a result, Asubio Pharmaceuticals Inc. projects will be integrated into the Daiichi Sankyo global development organization, led by Mahmoud Ghazzi.

Asubio Pharmaceuticals' parent company, Asubio Pharmaceuticals - acquired in 2002, which is based in Japan, will continue to operate as a wholly-owned subsidiary of Daiichi Sankyo with a focus on discovery research.

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