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A Month After Lung Cancer Withdrawal, Takeda Gets Approval For New Colorectal Cancer Drug

 
• By Alaric DeArment

The US FDA approved Fruzaqla (fruquintinib) for previously treated metastatic disease regardless of biomarker status. The drug, already approved in China, was de-risked when Takeda licensed it from HutchMed.

Takeda announced the approval of Fruzaqla in previously treated metastatic colorectal cancer • Source: Shutterstock

Roughly a month after suffering a setback in its oncology franchise with the market withdrawal of a drug for lung cancer, Takeda Pharmaceutical Co. Ltd. got some welcome news with the approval of a colorectal cancer medication that it licensed for more than $1bn from its China-based developer earlier this year.

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Pipeline Watch: Ten Approvals And Eleven Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.

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