Daiichi Sankyo

Tokyo drug maker known for antibody-drug conjugates

Overview

Daiichi Sankyo of Tokyo researches, develops, manufactures and sells pharmaceuticals; its products include the antibody-drug conjugate trastuzumab deruxtecan as well as edoxaban, prasugrel and mirogabalin.[2] Forbes records sales of US$14.1bn, up 13.9%, the third-fastest growth in this ranking after Eli Lilly and Novo Nordisk, and profit of US$1.7bn.[2] Forbes gives 2005 as the founding year and puts the market value at US$29.5bn.[2] Its product list is weighted toward oncology, alongside the anticoagulant edoxaban and the pain medicine mirogabalin.

Daiichi Sankyo strengths and limitations

Strengths

  • Sales growth of 13.9%
  • Lead product is an antibody-drug conjugate
  • Oncology-weighted product list

Limitations

  • Smaller than Takeda and Otsuka by sales
  • Results translated from yen
  • Profit margin about 12%

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