Takeda Adds Theravance GI Candidate In Deal Flurry

In its third licensing deal this week, Takeda is allying with Theravance for the global development of a gastrointestinal agent that will bolster its core portfolio in this area.

Takeda Pharmaceutical Co. Ltd. is to pay $15m upfront to acquire global development and commercialization rights to a Phase II stage Theravance Biopharma Inc. product candidate for gastrointestinal motility disorders, including enteral feeding intolerance (EFI).

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