Takeda Pays Big For De-Risked HutchMed CRC Drug

The Japanese pharma agreed to pay $400m up front plus up to $730m in milestones for a colorectal cancer drug already on the market in China and nearing regulatory filings in the US, EU and Japan.

Gold Dollars
Takeda paid substantial upfront cash for the HutchMed drug • Source: Shutterstock

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