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Eisai (company)

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Japanese pharmaceutical company
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Eisai Co., Ltd.
Native name
エーザイ株式会社
Ēzai kabushiki gaisha
Company typePublicKK
TYO:4523
TOPIX Large 70 Component
TOPIX 100 Component
Nikkei 225 Component
IndustryPharmaceuticals
FoundedDecember 6, 1941; 84 years ago (1941-12-06)
FounderToyoji Naito
Headquarters4-6-10 Koishikawa, Bunkyo-ku, Tokyo 112-8088, Japan
Key people
Haruo Naito
(President andCEO)
Products
RevenueIncrease¥ 741.8 billion (2023)[1]
Increase¥ 53.4 billion (2023)[1]
Increase¥ 43.8 billion (2023)[1]
Total assetsIncrease¥ 743.9 billion (2023)[1]
Total equityIncrease¥ 430.2 billion (2023)[1]
OwnerThe Master Trust Bank of Japan(11.78%)
Japan Trustee Services Bank(10.99%)
Nippon Life(4.29%)[2]
Number of employees
Increase 10,000 (2023)[1]
WebsiteOfficial website
Footnotes / references
[2][1]

Eisai Co., Ltd. (Japanese:エーザイ株式会社,Hepburn:Ēzai Kabushiki-gaisha) is a Japanesepharmaceutical company headquartered inTokyo, Japan. It has some 10,000 employees, among them about 1,500 in research.Eisai is listed on theTokyo Stock Exchange and is a member of theTopix 100 andNikkei 225stock indices.[3]

History

[edit]

Nihon Eisai Co. Ltd. was established in 1941.[4] In 1944, merger with Sakuragaoka Research Laboratory resulted in creation of Eisai Co. Ltd.[5] The American subsidiary of the company, Eisai Inc., was established in 1995.[6]

On November 25, 1996, Eisai receivedapproval from the United StatesFood and Drug Administration (USFDA) for Aricept (donepezil), a drug discovered in the company's labs and co-marketed withPfizer.[7]

Three years later in 1999, the company received USFDA approval for Aciphex (rabeprazole), a drug co-marketed withJohnson & Johnson.

In September 2006, the company acquired four oncology products fromLigand Pharmaceuticals.[8]

In April 2007, Eisai acquiredExton, Pennsylvania-based Morphotek, a company developingtherapeutic monoclonal antibodies for the treatment of cancer, rheumatoid arthritis, and infectious diseases.

In December 2007, Eisai acquiredMGI Pharma, a company specializing in oncology, for US$3.9 billion.[9] This event brought Dacogen (decitabine), Aloxi (palonosetron), Hexalen (altretamine) for ovarian cancer, and the Gliadel Wafer (carmustine) for brain tumors into the Eisai product portfolio.

In 2009, Eisai received the Corporate Award from theNational Organization for Rare Disorders (NORD) for the development of Banzel (rufinamide).[10]

In June 2023, the company suffered from aransomware attack, causing a shutdown of some of its logistical systems.[11]

Lecanemab, branded as "Leqembi" was approved by the U.S. Food and Drug Administration (FDA) in January 2023 under an Accelerated Approval pathway.[12] The approval was converted into a traditional approval in July 2023.[13]

Locations

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Eisai Co., Ltd. is based inTokyo, Japan, while its American subsidiary, Eisai Inc., is headquartered inNutley, New Jersey. Eisai Inc. is led by Ivan Cheung as CEO.[14] Eisai maintainsmedical research headquarters in Nutley as well as at locations inJapan, theUnited Kingdom, the Research Triangle inNorth Carolina, andMassachusetts where the Eisai Research Institute and the Genetics Guided Dementia Discovery (G2D2) institute are based.[15][16]

The company has manufacturing sites in Japan,North Carolina (USA),Maryland (USA),Bogor (Indonesia),Suzhou (China),Tainan (Taiwan),Visakhapatnam (India) andHatfield, Hertfordshire (UK). Eisai has marketing operations in 19 European countries as well as the Asia-Pacific region.

Products

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Some of the key products that Eisai produces or markets with partners include:

Aricept

[edit]

Aricept accounted for 40% of Eisai's revenue as of March 2010.[17] The main competitor to Aricept is a generic formulation fromRanbaxy Labs.[17] Eisai has pursued development of alternative formulations in order to extend the marketable lifetime of the product.[17]

See also

[edit]
Portals:

References

[edit]
  1. ^abcdefg"Eisai Financial Summary 2023"(PDF). RetrievedJuly 2, 2024.
  2. ^ab"Eisai Financial Summary 2019"(PDF). Archived fromthe original(PDF) on July 9, 2022. RetrievedDecember 21, 2020.
  3. ^"Components:Nikkei Stock Average".Nihon Keizai Shimbun. RetrievedFebruary 9, 2015.
  4. ^"Eisai: The First 80 Years | Eisai Co., Ltd".
  5. ^Winograd, Claudia (October 16, 2007)."Eisai (Japan)". In Colditz, Graham A. (ed.).Encyclopedia of Cancer and Society.SAGE Publications.doi:10.4135/9781412953979.ISBN 9781412949897. Archived fromthe original on February 9, 2015. RetrievedFebruary 9, 2015.
  6. ^"Lonnel Coats Appointed President & Chief Executive Officer of Eisai Inc" (Press release).Businesswire. RetrievedFebruary 9, 2015.
  7. ^"27 Nov 1996, Page 11 - The Cincinnati Enquirer at". Newspapers.com. November 27, 1996. RetrievedJune 5, 2022.
  8. ^"Eisai Inc. Buys 4 Cancer Drugs From Ligand Pharmaceuticals Inc. For $205 Million".BioSpace. Archived fromthe original on April 17, 2021. RetrievedFebruary 21, 2020.
  9. ^"Japan's Eisai to buy MGI Pharma for $3.9 bln".Reuters. December 10, 2007. RetrievedNovember 20, 2019.
  10. ^"NORD to Honor Rare Disease Pioneers".PR Newswire. May 11, 2009. Archived fromthe original on February 9, 2015. RetrievedFebruary 9, 2015.
  11. ^"Pharmaceutical Giant Eisai Takes Systems Offline Following Ransomware Attack". June 8, 2023.
  12. ^Commissioner, Office of the (January 6, 2023)."FDA Grants Accelerated Approval for Alzheimer's Disease Treatment".FDA. Archived fromthe original on January 6, 2023. RetrievedJuly 2, 2024.
  13. ^Commissioner, Office of the (July 7, 2023)."FDA Converts Novel Alzheimer's Disease Treatment to Traditional Approval".FDA. RetrievedJuly 2, 2024.
  14. ^Bell, Jacob (February 6, 2023)."Eisai gives first glimpse into Alzheimer's drug launch".BiopharmaDive. Washington, D.C.:Informa. Archived fromthe original on February 6, 2023. RetrievedFebruary 11, 2023.
  15. ^Carroll, John (September 15, 2016)."Eisai launches biotech division in Massachusetts aimed at Alzheimer's, I/O and autoimmune diseases".Endpoint News. RetrievedNovember 4, 2016.
  16. ^"Eisai Launches Facility to Advance Precision Medicine". News: Industry Watch.Genetic Engineering & Biotechnology News (Paper). October 15, 2016. p. 8.
  17. ^abcKanoko Matsuyama (April 25, 2011)."Eisai Aricept Patch for Alzheimer's Isn't Ready for Approval".Bloomberg L.P. RetrievedApril 25, 2011.

External links

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TOPIX 100 companies ofJapan
Core 30
Large 70
Nikkei 225 companies ofJapan
International
National
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