Daiichi Sankyo says it's ready for it's close-up. The company got FDA approval last week for a combo remedy for hypertension, Azor, and now it's meeting with its Congressman to talk about adding new jobs at its New Jersey [1]Â HQ. Perhaps most surprising is its sales-growth target: a whopping 60 percent over the next three years, based on its hopes for Azor and two other meds coming up the pipeline.
Not exactly a household name in the U.S., Daiichi Sankyo has historically developed drugs for licensing to other companies, including Pravachol, a statin sold by Bristol-Myers Squibb; and Levaquin [2], an antibiotic marketed by Johnson & Johnson. Now, to do more marketing on its own, Daiichi Sankyo has more than doubled its sales force. They'll have to hoof it to meet that ambitious growth target.
- check out Daiichi Sankyo's press release [3]
- read the article [4]Â in PharmaTimes
Related Articles:
Daiichi Sankyo buys OTC business. Report [5]
Daiichi Sankyo invests in venture fund. Report [6]
Big Pharma brings home the cash, slices payroll. Report [7]
Links:
[1] http://www.fiercebiotech.com/node/7452
[2] http://www.fiercepharma.com/story/spotlight-levaquin-approval-expanded/2007-09-17
[3] http://www.fiercebiotech.com/press-releases/press-release-daiichi-sankyo-quietly-grows-while-other-pharmaceutical-firms-downsize
[4] http://www.pharmatimes.com/WorldNews/ViewArticle.aspx?id=11870
[5] http://www.fiercebiotech.com/story/spotlight-daiichi-sankyo-buys-otc-business/2006-03-31
[6] http://www.fiercebiotech.com/story/also-noted-daiichi-sankyo-invests-in-venture-fund-imarx-sets-ipo-terms-and-/2006-09-08
[7] http://www.fiercebiotech.com/story/big-pharma-brings-home-cash-slices-payroll/2007-07-24