Esperion Therapeutics, Daiichi Sankyo Europe Ink $125 Mln Amendment To Their Collaboration

RTTNews | Pred 609 dňami
Esperion Therapeutics, Daiichi Sankyo Europe Ink $125 Mln Amendment To Their Collaboration

(RTTNews) - Esperion Therapeutics, Inc. (ESPR) and Daiichi Sankyo Europe GmbH or DSE, the European arm of Japanese pharmaceutical company Daiichi Sankyo Co., Ltd. (DSKYF.PK), announced Wednesday a $125 million amendment to their collaboration, which includes an amicable resolution to their commercial dispute and certain other adjustments to enhance the long-term value of their products.

DSE has agreed to pay Esperion $100 million in mid-January ahead of an anticipated Type II(a) variation approval by the European Medicines Agency (EMA) for NILEMDO (bempedoic acid) Tablet and NUSTENDI (bempedoic acid and ezetimibe) Tablet.

DSE will make an additional $25 million payment to Esperion in the calendar quarter immediately following EMA's decision on the pending application.

The legal action pending in the United States District Court for the Southern District of New York will be dismissed.

Since 2019, Esperion and DSE have worked together to bring bempedoic acid to the eligible patient population and unlock its potential for cardiovascular risk reduction. The partnership continues to grow, with DSE recently gaining approvals for bempedoic acid in the Netherlands, Slovakia, and Spain.

read more
Merck, Daiichi Sankyo Say FDA Grants Priority Review In U.S. For Patritumab Deruxtecan

Merck, Daiichi Sankyo Say FDA Grants Priority Review In U.S. For Patritumab Deruxtecan

Merck & Co. Inc. (MRK) and Japan's Daiichi Sankyo Co. Ltd. (DSKYF.PK) announced Friday that the U.S. Food and Drug Administration (FDA) has accepted and granted Priority Review to the Biologics License Application (BLA) for patritumab deruxtecan (HER3-DXd) for the treatment of adult patients with locally advanced or metastatic EGFR-mutated non-small cell lung cancer (NSCLC) previously treated with two or more systemic therapies.
RTTNews | Pred 621 dňami
Sensex, Nifty Rally On GST Rejig

Sensex, Nifty Rally On GST Rejig

Indian shares opened on a buoyant note on Thursday after Finance Minister Nirmala Sitharaman announced significant GST rate cuts, effective September 22.
RTTNews | Pred 24 minútami
Australian Market Extends Early Strong Gains In Mid-market

Australian Market Extends Early Strong Gains In Mid-market

The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | Pred 1 h 21 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders remain optimistic that the US Fed will lower interest rates by at least a quarter point later this month after a report showed job openings in the U.S. fell to their lowest level in ten months in July. Asian markets closed mostly lower on Wednesday.
RTTNews | Pred 1 h 42 min
Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Indian shares look set to open higher on Thursday after the Goods and Services Tax (GST) Council approved a new dual-slab structure of 5 percent and 18 percent, and scrapped the existing 12 percent and 28 percent rates, in a landmark move aimed at simplifying India's indirect tax regime.
RTTNews | Pred 2 h 25 min
Thai Shares Tipped To Open In The Green On Thursday

Thai Shares Tipped To Open In The Green On Thursday

The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | Pred 2 h 54 min
Additional Support Predicted For Indonesia Stock Market

Additional Support Predicted For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 140 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,885-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | Pred 3 h 24 min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up 500 points to well above the 42,400 level, with gains across all sectors led by index heavyweights and technology stocks.
RTTNews | Pred 3 h 28 min