Daiichi Sankyo and AstraZeneca entered into a global development and commercialization collaboration for Daiichi Sankyo’s ADC DS-1062
27 Jul 2020
DS-1062 (DNA topoisomerase I inhibitors; Daiichi Sankyo/Astrazeneca)
Daiichi Sankyo and AstraZeneca will jointly develop and commercialize DS-1062 worldwide, except in Japan where Daiichi Sankyo will maintain exclusive rights
Manufacturing and supply of DS-1062 will carried out by Daiichi Sankyo
Terms of the agreement:
AstraZeneca will pay Daiichi Sankyo an upfront payment of $1 billion: $350 million is due upon execution, $325 million after 12 months and $325 million after 24 months
Contingent payments of up to $5 billion: $1 billion for achievement of future regulatory milestones, and $4 billion for sales-related milestones
Total payments under the agreement have the potential to reach up to $6 billion
Development, commercialization costs and profits from DS-1062 worldwide (except Japan) will be equally shared between both the companies
Expected sales region: US, certain countries in EU (Daiichi Sankyo); Other markets worldwide (AstraZeneca)
Daiichi Sankyo and AstraZeneca join hands for development of DS-1062
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Our outlook:
For the development of DS-1062, Daiichi Sankyo continues to follow the strategy adopted for ENHERTU. The company has entered into a second global development and commercialization agreement with AstraZeneca for DS-1062 after the initial agreement for ENHERTU in Mar’19
ENHERTU was developed and launched in the market earlier than expected using AstraZeneca’s experience and significant expertise in oncology. Daiichi hopes for similar successful regulatory outcomes for DS-1062 as well
– Dr. Kowndinya, CI Scientists
Background:
DS-1062, is a TROP2 (trophoblast cell-surface antigen 2) directed DXd antibody drug conjugate (ADC). It is currently in Phase 2 for NSCLC and in Phase 1 for TNBC. Preclinical studies demonstrated DS-1062’s affinity to the TROP2 receptor
TROP2 is a transmembrane glycoprotein that is overexpressed in many cancers (up to 80% of TNBC patients)