Second approval under Eisai-Merck global collaboration on Lenvima
Despite gaining US approval for what is considered an important added indication for its cancer drug Lenvima (lenvatinib), Japanese pharma major Eisai (TYO: 4523) saw its shares dip 1.7% to 9,569 yen by the time trading in Tokyo came to a halt today.
The US Food and Drug Administration has approved the kinase inhibitor Lenvima for the first-line treatment of patients with unresectable hepatocellular carcinoma (HCC).
The drug is partnered in the USA with pharma giant Merck & Co (NYSE: MRK). The two firms are working together after Merck paid $300 million, with the potential for more than $5 billion in milestones, for certain development and commercialization rights in respect of Lenvima, which was first approved in the USA as a treatment for thyroid cancer in 2015, and is approved to treat this type of cancer in over 50 countries.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
More on this story...
Today's issue
Company Spotlight
More Features in Pharmaceutical
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze