RE: Careful what you wish for15 May 2024 21:04
'The largest deal by far was signed in October 2023 between Daiichi Sankyo and Merck & Co., for co-development and commercialization of three of Daiichi’s oncology-focused antibody–drug conjugate (ADC) candidates: patritumab deruxtecan, ifinatamab deruxtecan and raludotatug deruxtecan. The deal involved a $4 billion upfront cash payment—unheard of in recent dealmaking—and will see the two big pharma companies collaborating to develop the candidates worldwide, except in Japan where Daiichi will retain rights.'