In another big endorsement of its proprietary R&D platform, Daiichi Sankyo Co., Ltd. has announced a huge new global deal for three antibody-drug conjugate (ADC) candidates with Merck & Co., Inc., worth $4bn upfront ($3bn immediately upon execution) and up to $22bn in total.
Daiichi In Massive $22bn Global Deal With Merck & Co For Three ADCs
New Validation Of DXd Platform
The two firms will co-develop and co-commercialize three Daiichi ADCs globally outside Japan in a deal the Japanese firm said would allow “more aggressive development plans targeting broader patient populations.”
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