Daiichi Sankyo in-licenses gatipotuzumab

30 July 2018

Shares of Japanese pharma major Daiichi Sankyo (TYO: 4568) fell 2.18% to 4,574 yen today after it announced a second licensing accord with privately-held German biotech firm Glycotope.

The companies have into an exclusive worldwide licensing agreement to develop an antibody drug conjugate (ADC) by combining Daiichi Sankyo's proprietary ADC technology with Berlin-based Glycotope's investigational tumor-associated TA-MUC1 antibody gatipotuzumab (formerly PankoMab-GEX, building on a previous 2017 option agreement.

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