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Daiichi Sankyo Announces Transfer from Astellas Pharma of Three Products in Asia

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Daiichi Sankyo Announces Transfer from Astellas Pharma of Three Products in Asia

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Daiichi Sankyo Announces Transfer from Astellas Pharma of Three Products in Asia

[caption id="attachment_9277" align="aligncenter" width="747"]Press Release Press Release[/caption] Tokyo, Japan (October 15, 2019)?? Daiichi Sankyo Company, Limited (hereafter, Daiichi Sankyo) today announced that it agreed with Astellas Pharma Inc. (hereafter, Astellas Pharma) that Astellas Pharma local subsidiaries companies in six Asian countries will transfer three products to Daiichi Sankyo. The products to be transferred and the countries where they are sold are as follows.  
Product [generic name (brand name)] Korea China Taiwan Thailand Philippines Indonesia
Ramosetron (Nasea) Antiemetic ?     ? ? ?
Nicardipine (Perdipine) Anti-hypertensive ? ? ?      
Barnidipine (Oldeca) Anti-hypertensive ?          
? indicate the countries where the products are sold   The antiemetics are expected to have synergistic effects with mirogabalin and the cancer drugs that Daiichi Sankyo is currently developing in Asia, and the two antihypertensives are expected to effectively utilize Daiichi Sankyo?s current infrastructures in combination with its cardiovascular products, such as olmesartan and edoxaban. The total net sales of Astellas Pharma's three products in fiscal year 2018 were approximately 5.0 billion yen.   Daiichi Sankyo will take over the rights and obligations, including manufacturing and marketing approvals, for each of the products, and from December 2019 onwards, the manufacturer, LTL Pharma Co., Ltd., will supply them for sale in Asia by Daiichi Sankyo?s local subsidiaries and other companies. Daiichi Sankyo will pay 9.6 billion yen to Astellas Pharma for the products to be taken over; moreover, in order to ensure continuous supplies of the products to patients, both companies will cooperate to smoothly transfer manufacturing and marketing approvals in the targeted countries.   Daiichi Sankyo is strengthening its presence in each region by providing a rich range of regional value products in line with the market characteristics in each region, and the company strengthens its presence in Asia and plans to further contribute to healthcare in the region by acquiring these products.   About Daiichi Sankyo Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 100 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 15,000 employees around the world draw upon a rich legacy of innovation and a robust pipeline of promising new medicines to help people. In addition to a strong portfolio of medicines for cardiovascular diseases, under the Group?s 2025 Vision to become a ?Global Pharma Innovator with Competitive Advantage in Oncology,? Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders. For more information, please visit:?www.daiichisankyo.com.

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