Monday, September 17, 2012

Daiichi Sankyo to exit Animal Vaccine Business - Looking for a successor



Daiichi Sankyo Company, Ltd. announced today that its Group company, Kitasato Daiichi Sankyo Vaccine Co., Ltd. will discontinue its animal vaccine business at the end of FY2013 in order to focus resources on vaccines for human patients.
From the start of its operations on April 1, 2011, Kitasato Daiichi Sankyo Vaccine has been engaged in research and development, production, sales in Japan, and export of animal vaccines in addition to the research and development of new vaccines and manufacturing and marketing of biological drug products for humans.
However, after careful consideration of the effect on the market and deliberations with sales partners, Kitasato Daiichi Sankyo Vaccine decided to finish animal vaccine production after meeting the supply needs of the industry throughout FY2013.
For products that have no equivalent in the market, Kitasato Daiichi Sankyo Vaccine plans to find an appropriate successor to take over production and sales.