Daiichi Sankyo shutters Indian R&D unit

11 January 2017

Daiichi Sankyo (TYO: 4568) yesterday announced its decision to close its research subsidiary, Daiichi Sankyo India Pharma (DSIN), located in Gurgaon, India, to increase R&D productivity.

The Japanese pharma major says it is reviewing its global R&D system with the aim of decreasing R&D operations costs and redistributing resources to the further development of its R&D pipeline.

DSIN presently employs about 170 people, mainly engaged in conducting drug discovery research targeting infectious diseases and inflammation. Following its closure, the DSIN R&D pipeline (including research themes selected by the Global Health Innovative Technology Fund [GHIT Fund]) will be transferred to Daiichi Sankyo’s R&D Division.

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