TOKYO, Oct 3 (Reuters) - The benchmark Nikkei average
fell 0.3 percent and the broader TOPIX eased 0.4 percent in early deals on Wednesday.
The following stock was on the move:
**DAIICHI SANKYO HITS RECORD LOW AFTER LUNG CANCER TRIAL HALTED**
Daiichi Sankyo Co Ltd sagged 3.9 percent to 1,210 yen, hitting a record low after U.S. biotechnology company ArQule Inc said it will discontinue a late-stage trial of the lung cancer drug it is co-developing with Daiichi Sankyo after an interim analysis showed the drug would not improve overall survival.
Daiichi Sankyo has lost 20.7 percent this year, underperforming a 3.7 percent rise in the Nikkei.
(Reporting by Dominic Lau; Editing by Edmund Klamann)
Keywords: MARKETS JAPAN STOCKS HOT/