AstraZeneca to pay Daiichi up to US$6 bil for new cancer drug

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AstraZeneca to pay Daiichi up to US$6 bil for new cancer drug
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Treatment shows promise in breast, lung, other cancers. FMTNews AstraZeneca

LONDON: AstraZeneca could pay up to US$6 billion to Japan’s Daiichi Sankyo to develop and market a type of targeted cancer treatment in the second multi-billion dollar cancer drug collaboration between the two companies.

The drugmakers signed a near US$7 billion deal last year for a breast cancer treatment, now called Enhertu, which is being tested in other tumour types too.

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