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Daiichi commits up to $650M to Charleston Labs for nausea drugs

By Michael Fitzhugh
Staff Writer

Thursday, August 7, 2014
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Daiichi Sankyo Co. Ltd. is investing up to $650 million in a Charleston Laboratories Inc. subsidiary to back development and U.S. commercialization of its hydrocodone combination drug portfolio, including CL-108, a late-stage therapy providing the pain relief of hydrocodone without the common nausea and vomiting associated with the widely prescribed opioid.

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