USA’s Merck & Co (NYSE: MRK) and Japanese drugmaker Taiho, a subsidiary of Otsuka (TYO: 4768), have announced a co-promotion agreement in Japan for the cancer treatment pembrolizumab.
Merck has filed an application for approval in Japan for the immune checkpoint inhibitor (anti-PD-1 therapy). Under the agreement, Taiho will co-promote pembrolizumab with the American giant, which will manufacture and distribute it.
Pembrolizumab is a humanized…
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