Exploratory Research

In: Business and Management

Submitted By amrutmone
Words 927
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For Immediate Release

Company name: DAIICHI SANKYO COMPANY, LIMITED Representative: Joji Nakayama, President and CEO (Code no.: 4568, First Section of Tokyo, Osaka and Nagoya Stock Exchanges) Please address inquiries to Noriaki Ishida, Corporate Officer, Vice President, Corporate Communications Department Telephone: +81-3-6225-1126 http://www.daiichisankyo.com

Daiichi Sankyo to Facilitate New Drug Discovery in 2013 through Collaborative Research and Grants

Tokyo, Japan (March 6, 2013) - Daiichi Sankyo Company, Limited (TSE: 4568; hereafter, Daiichi Sankyo) today announced its TaNeDS (Take a New challenge for Drug diScovery) collaborative drug discovery project for 2013. The company will select research partners for the project from among researchers based in Japan.

1. Background One key objective in Daiichi Sankyo’s Second Mid-term Business Management Plan (FY 2010-2012) is the discovery of new sources of research themes through open innovation. Daiichi Sankyo is implementing a range of sources of innovation for collaboration with external partners. One aspect of this strategy is the collaborative research and grant program TaNeDS, launched in 2011. A large number of research theme proposals were received in 2011 and 2012 from all over Japan, and projects are currently ongoing. Daiichi Sankyo will continue the program in 2013, seeking further drug discovery research possibilities by casting at wide net to find research themes and technologies that will result in the discovery of new drugs. The program will target researchers based in Japan. Furthermore, in 2013, Daiichi Sankyo’s wholly owned subsidiary, Daiichi Sankyo RD Novare Co., Ltd. (hereafter, RD Novare), will join TaNeDS to promote the development of technology platforms for the next generation.

2. Overview of TaNeDS 1) Multi-entrance The TaNeDS project will accept entries for a range of themes, including…...

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