Takeda Pharmaceutical Co. Ltd. investors were energized to see the detailed Phase II data results on the company’s oral TYK2 inhibitor in psoriasis, TAK-279, which appear to position Takeda as a strong competitor to Bristol Myers Squibb Company and the first-in-class entry Sotyktu (deucravacitinib) it launched in the US last year.
The Phase II data were presented at the American Academy of Dermatology annual meeting on 18 March and showed a competitive safety and efficacy profile with the potential to be...
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