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Takeda Pharm - TAK STOCK NEWS

Welcome to our dedicated page for Takeda Pharm news (Ticker: TAK), a resource for investors and traders seeking the latest updates and insights on Takeda Pharm stock.

Takeda Pharmaceutical Company Limited (NYSE: TAK), a Japanese multinational corporation, stands as Asia's largest and one of the globe's top 20 pharmaceutical giants by revenue. Headquartered in Tokyo, Takeda operates across approximately 80 countries, merging American and British roots into its vast global presence.

With a revenue of JPY 4.3 trillion in fiscal 2023, Takeda dedicates its efforts predominantly to five therapeutic areas: oncology, gastroenterology, neuroscience, rare diseases, and plasma-derived therapies, which collectively generate more than 80% of its revenue. Takeda’s global footprint is diversified, with 50% of its revenue originating from the US, 20% from Japan, and another 20% from Europe and Canada.

Noteworthy for its robust pipeline and commitment to innovation, Takeda partners with various organizations to push the boundaries of medical research. A recent highlight includes a joint venture with Astellas Pharma Inc. and Sumitomo Mitsui Banking Corporation. This collaboration aims to incubate early drug discovery programs, striving to transition academic breakthroughs into practical medical treatments.

Moreover, Takeda's strategic partnership with Neurocrine Biosciences to develop NBI-1065845, an investigational treatment for major depressive disorder, showcases its dedication to addressing unmet medical needs. The positive Phase 2 results of the SAVITRI™ study underline the potential of NBI-1065845 to provide hope for patients with inadequate responses to existing treatments.

Takeda's philosophy focuses on creating a healthier world through life-transforming treatments in its core areas. Their values-based, R&D-driven approach has sustained their leadership in the pharmaceutical sector for over two centuries.

News

Takeda, Astellas and Sumitomo Mitsui Banking Announce Master Agreement to Establish Joint Venture Company for Incubation of Early Drug Discovery Programs

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Takeda, Astellas, and Sumitomo Mitsui Banking have announced a master agreement to establish a joint venture company dedicated to the incubation of early drug discovery programs in Japan. The new company aims to advance innovative drug discovery programs, foster entrepreneurship, and create start-up companies to unleash the potential of the drug discovery ecosystem in Japan.
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U.S. FDA Approves Subcutaneous Administration of Takeda’s ENTYVIO® (vedolizumab) for Maintenance Therapy in Moderately to Severely Active Crohn’s Disease

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Takeda's ENTYVIO (vedolizumab) receives FDA approval for subcutaneous administration in maintenance therapy for moderately to severely active Crohn’s disease. The drug is now available in the U.S. for both IV and SC administrations for the treatment of adults with Crohn’s disease and ulcerative colitis.
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Takeda Announces New U.S. Corporate Social Responsibility Program Partners to Build Equity through STEM Education and Access to Nutritional Food

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Takeda announces $14.6 million investment in CSR program, welcoming eight new grant partners. Total contributions reach $54.1 million since 2021. Focus on Food is Health and Building STEM Foundations to promote equity in under-resourced communities.
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Empathy in Action: Takeda's Global Initiative Brings IBD Challenges to the Forefront in the UAE

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Takeda's 'In Their Shoes' initiative sheds light on the daily struggles of IBD patients in the UAE, aiming to raise awareness and empathy through a 24-hour simulation. IBD, a chronic inflammatory condition affecting the gastrointestinal tract, has seen a rise in incidence globally, including in newly industrialized countries like the UAE.
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Takeda Announces Candidates for Board of Directors at Upcoming Shareholders Meeting

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Takeda (TAK) announces Board of Directors changes, proposing new candidates and appointing a new CFO. Mr. Milano Furuta to succeed Mr. Constantine Saroukos as CFO. Several directors to join the Board with defined roles and tenures.
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Takeda Announces Approval of ADZYNMA® Intravenous Injection 1500 (apadamtase alfa /cinaxadamtase alfa) in Japan for Patients with Congenital Thrombotic Thrombocytopenic Purpura (cTTP)

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Takeda gains approval for ADZYNMA, a groundbreaking treatment for congenital thrombotic thrombocytopenic purpura (cTTP) in Japan. ADZYNMA is the first recombinant ADAMTS13 enzyme replacement therapy for cTTP, addressing acute events and chronic symptoms. The approval is based on positive interim analysis results from a Phase 3 trial, showcasing efficacy, safety, and tolerability. ADZYNMA demonstrated a significant reduction in acute TTP events compared to plasma-based therapies, with a lower incidence of treatment-related adverse events.
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Takeda Announces U.S. FDA Approval of Supplemental New Drug Application (sNDA) for ICLUSIG® (ponatinib) in Adult Patients with Newly Diagnosed Ph+ ALL

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Takeda's ICLUSIG receives FDA approval as the first targeted treatment for frontline Ph+ Acute Lymphoblastic Leukemia in the U.S., showing superior results in MRD-negative Complete Remission rates compared to imatinib.
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Takeda Announces Positive Topline Results from Phase 2 Study Evaluating Mezagitamab (TAK-079), a Potential Best-in-Class Anti-CD38 Monoclonal Antibody, for Primary Immune Thrombocytopenia

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Takeda announces positive Phase 2 results for mezagitamab in patients with primary immune thrombocytopenia, showing safety, tolerability, and efficacy. Plans for a global Phase 3 trial in fiscal year 2024. Mezagitamab demonstrates promising platelet response rates and potential disease remission in ITP patients.
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Takeda and Biological E. Limited Collaborate to Accelerate Access to Dengue Vaccine in Endemic Areas

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Takeda and Biological E. Limited form a strategic partnership to accelerate the manufacturing of QDENGA, a Dengue Tetravalent Vaccine, in multi-dose vials. The collaboration aims to provide up to 50 million doses per year by BE, supporting Takeda's goal of delivering 100 million doses annually by 2030. Dengue poses a significant global health threat, with increasing incidence rates worldwide.
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FDA Approves Takeda’s EOHILIA (budesonide oral suspension), the First and Only Oral Treatment in the U.S. for Eosinophilic Esophagitis (EoE)

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Takeda's EOHILIA Receives FDA Approval for Eosinophilic Esophagitis Treatment, Offering Relief to Patients 11 Years and Older
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FAQ

What is the current stock price of Takeda Pharm (TAK)?

The current stock price of Takeda Pharm (TAK) is $14.06 as of February 21, 2025.

What is the market cap of Takeda Pharm (TAK)?

The market cap of Takeda Pharm (TAK) is approximately 43.9B.

What are Takeda Pharmaceutical's core therapeutic areas?

Takeda focuses on oncology, gastroenterology, neuroscience, rare diseases, and plasma-derived therapies.

Where is Takeda Pharmaceutical headquartered?

Takeda is headquartered in Tokyo, Japan.

What recent collaborations has Takeda Pharmaceutical entered into?

Takeda recently entered a joint venture with Astellas Pharma Inc. and Sumitomo Mitsui Banking Corporation to incubate early drug discovery programs.

How diversified is Takeda's revenue geographically?

Takeda's revenue is geographically diversified: 50% from the US, 20% from Japan, and 20% from Europe and Canada.

What was Takeda's revenue in fiscal 2023?

Takeda's revenue in fiscal 2023 was JPY 4.3 trillion.

Who can benefit from Takeda's new drug NBI-1065845?

NBI-1065845 is targeted at patients with major depressive disorder who have not benefited from at least one existing antidepressant treatment.

What is the focus of Takeda’s joint venture with Astellas and Sumitomo Mitsui?

The joint venture focuses on incubating early drug discovery programs to advance academic discoveries into practical medical treatments.

How long has Takeda been in the pharmaceutical industry?

Takeda has been a leader in the pharmaceutical industry for over two centuries.

In how many countries does Takeda operate?

Takeda operates in approximately 80 countries.

How does Takeda contribute to the field of major depressive disorder treatment?

Takeda collaborates with Neurocrine Biosciences to develop NBI-1065845, an investigational treatment showing positive Phase 2 results for MDD.
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43.94B
3.17B
0.01%
2.45%
0.12%
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