Sector News

Daiichi axes Japan R&D site

February 13, 2017
Life sciences

Exactly one month after Daiichi Sankyo decided to shutter its 170-person Indian R&D site the pharma company is swinging the ax again, this time in its native Japan.

Under the cull, which is part of the “ongoing efforts to review its global R&D structure to increase R&D productivity,” its Japanese research subsidiary, known as Asubio Pharma and based out of Kobe, will be closed down by the end of March next year. It opened back in 2009.

The unit has around 150 employees that work on psychiatric and neurological diseases, immune and inflammatory diseases and regenerative medicine.

“Under this reorganization, Daiichi Sankyo plans to transfer Asubio Pharma R&D functions and employees to other Daiichi Sankyo Group companies in Japan,” the pharma said, but did not give details on whether there will be any cuts from the 150 staffers.

“We expect the integration of the venture spirit of Asubio Pharma into other Daiichi Sankyo research activities to contribute greatly to improving R&D productivity,” it added in a brief statement.

This comes after the announcement that it would close its Indian facility last month, which was brought into its network back in 2010 from Ranbaxy. It had been working discovery and preclinical development of small molecules against infectious and autoimmune diseases.

Daiichi management decided to close the unit and transfer pipeline programs in development at the site to its main R&D division.

Japan and India join R&D units in the United Kingdom and Germany on the list of those axed by Daiichi in the past two years.

In parallel to the internal cuts, Daiichi has also penned a string of oncology deals designed to give it a pipeline of candidates that can increase its success rate in the clinic. The most recent and high profile of these agreements is the deal with Kite Pharma, which gave Daiichi the rights to CAR-T drug KTE-C19 in Japan.

By Ben Adams

Source: Fierce Biotech

comments closed

Related News

January 29, 2023

Colorcon, Inc. signs Put agreement with intent to acquire controlled atmosphere packaging specialist Airnov Healthcare Packaging

Life sciences

Airnov provides critical healthcare industries with high-quality, controlled atmosphere packaging, to protect their products from moisture and oxygen. The business has manufacturing facilities in the USA, France, China and India and employs around 700 people.

January 29, 2023

Takeda pledges up to $1.13B for rights to Hutchmed’s cancer drug fruquintinib outside of China

Life sciences

Takeda of Japan has partnered with Hong Kong-based Hutchmed, gaining the commercial rights to colorectal cancer drug fruquintinib outside of China for $400 million up front, plus $730 million in potential milestone payments. Takeda also will help develop fruquintinib, which can be applied to subtypes of refractory metastatic colorectal cancer, regardless of biomarker status, the companies said.

January 29, 2023

Vir taps Bayer dealmaker Marianne De Backer as its next CEO

Life sciences

On April 3, Scangos, who’s been chief executive officer at Vir since the start of 2017, will hand over the reins to Marianne De Backer, Ph.D. De Backer comes over from Bayer, where she currently heads up pharmaceutical strategy, business development and licensing. Alongside her CEO appointment, De Backer is set to join Vir’s board of directors, the company said Wednesday.

How can we help you?

We're easy to reach