TOKYO, Japan I September 2, 2015 I Daiichi Sankyo Company, Ltd. (Daiichi Sankyo) today announced that Daiichi Sankyo and the global biologics research and development arm of AstraZeneca, MedImmune LLC, has entered into an agreement regarding an exclusive license to develop and commercialize FluMist® Quadrivalent in Japan.

FluMist Quadrivalent is a live attenuated influenza vaccine which is administered as a nasal spray and contains four protective strains. Phase III safety and efficacy studies were conducted for FluMist Quadrivalent in Japanese children over the 2014-2015 influenza season and a regulatory submission is being prepared in Japan.

Under the terms of the agreement, Daiichi Sankyo will pay AstraZeneca an upfront fee with subsequent development milestones and sales-related payments post launch. Daiichi Sankyo will take on the full responsibility for the future development and commercialization of FluMist Quadrivalent in Japan and will hold the marketing authorisation; AstraZeneca will supply FluMist Quadrivalent to Daiichi Sankyo.

The agreement builds on the successful collaborations between AstraZeneca and Daiichi Sankyo, such as the co-commercialization of NEXIUM® in Japan and MOVANTIK™ (naloxegol) in the US.

Daiichi Sankyo is committed to the prevention of seasonal influenza through FluMist, as well as to contributing to public health and preventive medicine in Japan through the provision of vaccines which fulfill unmet medical needs.

SOURCE: Daiichi Sankyo