A multi-cancer global strategic oncology collaboration between Tokyo, Japan-headquartered Eisai Co. Ltd. and Merck & Co. Inc., the second such deal entered by Merck in the past seven months, was greeted with a near 10% rise in Eisai's share price on the Tokyo Stock Exchange on March 8, as investors digested the announcement, and another from the previous day, when Eisai reported positive top-line Phase III results for its potential sleep disorder therapy, lemborexant (see accompanying article).
The new collaboration, valued at $5.76bn, will see Merck & Co working with Eisai on the development and marketing of...








