Daiichi Sankyo Enters Partnership with Ultragenyx for a Total of $225 Million
Daiichi Sankyo has entered into a partnership with Ultragenyx Pharmaceutical for the use of Ultragenyx’s proprietary AAV-based gene-therapy manufacturing technology.
Daiichi Sankyo, a pharmaceutical company based in Japan, announced on April 1, 2020 that it has entered into a partnership with Ultragenyx Pharmaceutical, a clinical-stage biopharmaceutical company located in Novato, CA, for use of Ultragenyx’s proprietary adeno associated virus (AAV)-based gene therapy manufacturing technology.
Through the agreement, Daiichi Sankyo will provide an upfront payment of $125 million to Ultragenyx along with additional payments of $25 million for technology transfer and sales royalties of products manufactured by Ultragenyx’s technology, and $75 million for Ultragenyx’s common stock, a Daiichi Sankyo press release said.
Following the technology transfer, Daiichi Sankyo plans to expand its manufacturing capacity by starting the manufacture of investigational drugs for AAV gene therapy by the middle of 2020 with Ultragenyx’s assistance, according to the press release.
Source: Daiichi Sankyo
Drug Solutions Podcast: A Closer Look at mRNA in Oncology and Vaccines
April 30th 2024In this episode fo the Drug Solutions Podcast, etherna’s vice-president of Technology and Innovation, Stefaan De Koker, discusses the merits and challenges of using mRNA as the foundation for therapeutics in oncology as well as for vaccines.
Drug Solutions Podcast: Gliding Through the Ins and Outs of the Pharma Supply Chain
November 14th 2023In this episode of the Drug Solutions podcast, Jill Murphy, former editor, speaks with Bourji Mourad, partnership director at ThermoSafe, about the supply chain in the pharmaceutical industry, specifically related to packaging, pharma air freight, and the pressure on suppliers with post-COVID-19 changes on delivery.
Pharmaceutical Tariffs Are Imminent: How Industry is Bracing for Impact
April 16th 2025On April 14, 2025, the Trump Administration launched a national security-driven investigation into pharmaceuticals, a move that will likely result in tariffs being placed on pharmaceutical drugs, ingredients, and other components that are imported from outside of the United States.
