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Pieris Receives Third Milestone Payment in Daiichi Sankyo Collaboration to Develop Anticalin® Therapeutics

november 13, 2013

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Pieris AG has achieved its third milestone overall in its discovery and development collaboration with Daiichi Sankyo Company Limited (hereinafter Daiichi Sankyo; headquartered in Chuo Ward, Tokyo, TSE 4568), triggering an undisclosed payment, the company announced today. The milestone, which is the first for the companies’ second collaborative program, was triggered by the delivery of several functional picomolar affinity Anticalins® specific for an undisclosed Daiichi Sankyo target.