Daiichi Sankyo beats Honda in market cap on cancer drug ambitions

Japanese drugmaker eyes broader U.S. approval for blockbuster Enhertu

20240604N Daiichi-Sankyo

Daiichi Sankyo's booth at the American Society of Clinical Oncology annual meeting in Chicago. (Daiichi Sankyo)

YUTA MAEDA and TAITO KUROSE, Nikkei staff writers

TOKYO -- The success of Daiichi Sankyo's blockbuster cancer drug Enhertu has helped propel it into the ranks of Japan's most valuable companies, lifting its market capitalization above 10 trillion yen ($64 billion) on rising growth expectations.

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