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Takeda On Continued Lookout For Assets After Recent Deals

Reports Solid Q3 Results

 
• By Ian Haydock

Leading Japanese firm reports solid growth in its fiscal nine months as it hints more may be to come after recent major deals to expand the mid- to late-stage pipeline and highlights progress for some key internal assets.

lookout
Takeda on lookout for pipeline assets • Source: Shutterstock

Takeda Pharmaceutical Co. Ltd.’s recent huge deal for Nimbus Therapeutics, Inc.’s Phase IIb stage oral TYK2 inhibitor and progress for a closely-watched in-house narcolepsy program both featured prominently in the leading Japanese firm’s fiscal third-quarter results briefing, after it announced results seen as another solid performance.

President and CEO Christophe Weber told a 2 February conference call that the results “very clearly keep us on track to deliver our management guidance of low single-digit core revenue...

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