Many of these have increased survival rates for patients in the UK and around the world. In a further boost to AstraZeneca's oncology unit, two of its on-market therapies, one for lung cancer and another for blood cancer, won regulatory endorsements for expanded use in Europe.AstraZeneca shares were roughly unchanged at 8,644 pence by 0917 GMT."We see significant potential in this antibody drug conjugate in lung as well as in breast and other cancers that commonly express TROP2," AstraZeneca Chief Executive Pascal Soriot said, referring to a protein found on some cancer cell surfaces.London-listed AstraZeneca said on Monday it would pay $1 billion upfront to Daiichi in staggered payments for an experimental drug called DS-1062, which belongs to a promising class of therapies called antibody drug conjugates (ADC).The drugmakers have also been in talks over supply of the British company's coronavirus vaccine in Japan.Britain's AstraZeneca will pay up to $6 billion to Japan's Daiichi Sankyo under the drugmakers' second multi-billion dollar oncology collaboration to develop and market a niche type of targeted cancer treatment.An anti-TROP2 ADC called Trodelvy developed by Immunomedics won U.S. regulatory approval in April to treat an aggressive type of breast cancer, while Chinese firms Kelun Group and Bio-Thera Solutions are also working on TROP2-based biotech drugs.JP Morgan analysts said the drug could bring $1 billion or more in annual sales, adding that since AstraZeneca's upfront commitments are spread over three years, it could still keep previous dividend cover commitments.Log in with your social accountFurther payments would depend on regulatory and sales milestones being achieved. Two others, Imfinzi and Lynparza, made more than $1bn apiece.Soriot said: “We now have six potential blockbusters in oncology with more to come in our early and late pipelines.”“This new strategic collaboration with AstraZeneca, a company with extensive experience and significant expertise in the global oncology business, will enable us to deliver DS-1062 to more patients around the world as quickly as possible,” he said.Daiichi Sankyo’s chief executive, Sunao Manabe, said the new treatment could become “best in class” for targeting and treating multiple tumours, including breast and lung cancers.“We see significant potential in this antibody drug conjugate in lung as well as in breast and other cancers that commonly express Trop2,” said AstraZeneca’s chief executive, Pascal Soriot.In March last year the two drug companies started a similar partnership to develop and commercialise the breast cancer treatment Enhertu.The medicine has not yet been approved for use in any country, and its safety and efficacy have not been established.The latest potential cancer treatment, DS-1062, targets the Trop2 protein, which is overproduced by most breast and lung cancers.
But we know if we are to make meaningful progress for lung cancer patients, we cannot work alone. So if you can find out which genes these are, you can develop a medicine that's best for that tumour, and then select patients that are best for that medicine.We cannot provide detailed information about our prescription medicines on this website, in compliance with regulations. AstraZeneca will pay up to $6 billion to Japans Daiichi Sankyo under the drugmakers second multi-billion dollar oncology collaboration to develop and market a niche type of targeted cancer … Always ask a healthcare professional for advice about medicines. AstraZeneca has agreed a deal worth as much as £4.7bn with a Japanese drug company to develop and market a potential new cancer treatment.. In some cases, health care professionals and patients can visit local AstraZeneca websites to find out more about our medicines. AstraZeneca will pay billions of pounds to Japanese drugs firm Daiichi Sankyo to develop and market a new cancer treatment, the Anglo-Swedish …
It is now sold as Enhertu.The British drugmaker has been bolstering its portfolio of cancer therapies, particularly ADCs, a major area of focus for the company as it also ploughs on with its coronavirus vaccine candidate.Reporting by Pushkala Aripaka in Bengaluru; Additional reporting by Aakash Jagadeesh Babu, and Ludwig Burger in Frankfurt; Editing by Saumyadeb Chakrabarty/David Holmes/Jane MerrimanThe drugmakers have also been in talks over supply of the British company’s coronavirus vaccine in Japan.JP Morgan analysts said since AstraZeneca’s upfront commitments were spread over three years it could still keep previous dividend commitments.Astra’s shares were 0.6% lower at 1118 GMT, while Daiichi stock closed 3% higher.Astra said the drug could bring $1 billion or more in annual sales, taking to six the number of its cancer drug hopefuls with so-called blockbuster revenue potential.“We see significant potential in this antibody drug conjugate in lung as well as in breast and other cancers that commonly express TROP2,” AstraZeneca Chief Executive Pascal Soriot said, referring to a protein found on some cancer cell surfaces.Preliminary data in May on DS-1062 from a Phase 1 lung cancer trial played a large role in convincing the British drugmaker of the compound, Jose Baselga Astra’s head of oncology research said.“From there we are going straight to Phase 3 studies that will launch this year,” which may lead to a request for marketing approval, he added.
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