Japanese drugmaker Daiichi Sankyo (TYO: 4568) has entered into a worldwide exclusive license agreement with USA-based AnHeart Therapeutics for DS-6051, Daiichi Sankyo’s selective ROS1/NTRK inhibitor, currently in Phase I development in the USA and Japan.
While Daiichi Sankyo and AnHeart will collaborate to continue two ongoing Phase I studies, AnHeart will be responsible for further development of DS-6051 worldwide. Daiichi Sankyo will receive an upfront payment and is eligible for clinical, regulatory and sales milestone payments, as well as royalties on worldwide net sales of DS-6051.
Financial terms of the agreement were not disclosed, but Daiichi Sankyo’s shares closed down 1.28% at 3,995 yen today.
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