Daiichi Sankyo Co.

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Daiichi Sankyo Company Limited (第一三共株式会社 Daiichi Sankyō Kabushiki-gaisha?) (TYO: 4568) is a joint holding company established in 2005 by Sankyo Co., Ltd. (三共株式会社 Sankyō Kabushiki-gaisha?) and Daiichi Pharmaceutical Co., Ltd. (第一製薬株式会社 Daiichi Seiyaku Kabushiki-gaisha?), which are pharmaceutical companies based in Japan. Its main offices are located in Chūō, Tokyo.

Contents

Acquisitions

On June 10, 2008, Daiichi Sankyo Co., agreed to take a majority (35%) stake in Indian generic drug maker Ranbaxy, with a deal valued at about $4.6 billion. Ranbaxy's Malvinder Singh will remain CEO after the transaction.[1][2] Also in June 2008, the company expressed intent to acquire U3 Pharma, which would contribute a therapeutic anti-HER3 antibody to the company's anticancer portfolio.[3]

Major products of Daiichi Sankyo Group

Sankyo

Daiichi Pharmaceutical

Notes

  1. ^ Daiichi to get 35% stake in Ranbaxy
  2. ^ The Brand Blog: Ranbaxy promoters to sell stake to Japan's Daiichi
  3. ^ staff (2008-06-15). "Daiichi Sankyo Intends to Purchase U3 Pharma for Roughly $236M" (print), Genetic Engineering & Biotechnology News, Mary Ann Liebert, Inc., p. 8. Retrieved on 2008-07-06. 

External links


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Wikipedia content modification information:

  • This page was last modified on 11 October 2008, at 15:37.

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