Plexxikon CEO: Expect Business As Usual, After Whopping $805 Million Daiichi Sankyo Buyout
This article was originally published in PharmAsia News
Bidding by multiple companies and strong data for a late-stage, targeted melanoma drug helped drive Daiichi Sankyo Company Limited's eye-popping $805 million acquisition of privately-held Plexxikon Inc.
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Under the agreement, Japan’s National Cancer Center will provide the company with clinical research results and drug targets.
Daiichi Sankyo has four large Phase III milestones in the next two years, followed by prioritization for early stage programs
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