First US product approval for Taiho Oncology

The US FDA has approved Taiho Pharmaceuticals Co. Ltd.'s Lonsurf (trifluridine and tipiracil), formerly known as TAS-102, for the treatment of metastatic colorectal cancer (mCRC). It is the first approval for Taiho's US oncology division. Launch is expected within the next two weeks but Lonsurf's price has yet to be disclosed.