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    4568   JP3475350009

DAIICHI SANKYO COMPANY, LIMITED

(4568)
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Daiichi Sankyo Announces That Delytact® Oncolytic Virus G47 Approves in Japan for Treatment of Patients with Malignant Glioma(162.1Kb)

06/11/2021 | 03:57am EST

Daiichi Sankyo Company, Limited announced that it has received conditional and time-limited approval from the Japan Ministry of Health, Labour and Welfare (MHLW) for DELYTACT® (teserpaturev/G47), an oncolytic virus, for the treatment of patients with malignant glioma. DELYTACT previously received SAKIGAKE Designation and Orphan Drug Designation from the MHLW for this indication and is now the first oncolytic virus to be approved in any region of the world for treatment of malignant glioma or any type of primary brain cancer. Daiichi Sankyo has been collaboratively developing DELYTACT with Dr. Tomoki Todo of the Institute of Medical Science, The University of Tokyo, and is the Marketing Authorization Holder of DELYTACT in Japan. The approval of DELYTACT in Japan is based on results of a single-arm phase 2 clinical trial evaluating DELYTACT in patients with residual or recurrent glioblastoma, the most common and aggressive form of malignant glioma. 1 The trial met its primary endpoint for one-year survival rate in an interim analysis. Results of the study will be submitted for publication by Dr. Todo.


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Analyst Recommendations on DAIICHI SANKYO COMPANY, LIMITED
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Financials
Sales 2022 1 021 B 8 979 M 8 979 M
Net income 2022 64 911 M 571 M 571 M
Net cash 2022 625 B 5 495 M 5 495 M
P/E ratio 2022 79,4x
Yield 2022 1,00%
Capitalization 5 120 B 45 122 M 45 022 M
EV / Sales 2022 4,40x
EV / Sales 2023 4,14x
Nbr of Employees 16 033
Free-Float 97,6%
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Number of Analysts 14
Last Close Price 2 671,00 JPY
Average target price 3 789,29 JPY
Spread / Average Target 41,9%
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Managers and Directors
Sunao Manabe President, CEO & Representative Director
Hiroyuki Okuzawa CFO, Director, Executive Officer & Head-Management
Ken Takeshita Global Director-Research & Development
Noritaka Uji Independent Outside Director
Tsuguya Fukui Independent Outside Director
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