Daiichi Sankyo Says NTK Appeals Tokyo District Court's 203 Billion Yen Claim Dismissal

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Daiichi Sankyo Says NTK Appeals Tokyo District Court's 203 Billion Yen Claim Dismissal

MT Newswires Live12:25

Daiichi Sankyo (TYO:4568) said that Northern TK Venture (NTK), an indirect wholly-owned subsidiary of Malaysia's IHH Healthcare (KLSE:IHH), has appealed the Tokyo District Court ruling that dismissed all of its claims against Daiichi Sankyo.

The Japan-based pharmaceutical company said that the appeal filed with the Tokyo High Court on Sept. 24 seeks 203.3 billion yen in damages and other claims, according to a Tokyo bourse filing on Monday.

The company said that the Tokyo District Court dismissed NTK's claims on Sept. 10, and it considers the order fair and appropriate.

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