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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.

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Takeda (4502/TAK) and The New York Academy of Sciences award the 2024 Innovators in Science Award to Dr. Robert D. Schreiber and Dr. Elham Azizi for their significant contributions to cancer immunology. Each winner receives an unrestricted prize of USD 200,000.
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Takeda (4502/TAK) to Present 17 Company-Sponsored and Nine Collaborative Abstracts in Oncology and Hematology at ASH Annual Meeting. New Data from Phase 3 Trials Supporting FDA Approval of ADZYNMA and Insights into Treatment of Ph+ Acute Lymphoblastic Leukemia and Hodgkin Lymphoma to be Featured.
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Takeda (TSE:4502/NYSE:TAK) has announced that the FDA approved ADZYNMA (ADAMTS13, recombinant-krhn) for the prophylactic and on-demand treatment of adult and pediatric patients with congenital thrombotic thrombocytopenic purpura (cTTP). This ultra-rare blood clotting disorder is associated with life-threatening acute events and debilitating chronic symptoms. ADZYNMA is the first FDA-approved recombinant ADAMTS13 protein designed to address an unmet medical need in people with cTTP by replacing the deficient ADAMTS13 enzyme.
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Takeda (TSE:4502/NYSE:TAK) has received FDA approval for FRUZAQLA™, a targeted therapy for metastatic colorectal cancer. FRUZAQLA demonstrated significant improvements in overall survival and progression free survival in two Phase 3 clinical trials. This approval marks the first novel chemotherapy-free treatment option for mCRC patients in the U.S. in over a decade.
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Takeda announces positive results from a Phase 2b trial evaluating TAK-279 for the treatment of psoriatic arthritis, with the drug meeting its primary endpoint and demonstrating improvements in key secondary endpoints. The company plans to initiate Phase 3 studies in plaque psoriasis and psoriatic arthritis, while exploring TAK-279 in other indications.
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Takeda announces financial results for the first half of fiscal year 2023, reporting revenue growth of +6.4% at AER and +1.4% at CER. Core operating profit decreased by -9.5% at CER. Full-year revenue and core EPS forecasts have been raised, while full-year profit forecasts have been lowered. No change to free cash flow outlook or management guidance.
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Takeda's ADCETRIS receives European Commission approval for the treatment of previously untreated CD30+ Stage III Hodgkin lymphoma
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Takeda settles tax assessment with Irish Revenue for EUR 130 million, resulting in a tax expense reduction of approximately JPY 63 billion.
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Takeda's Phase 3 study for Alofisel in treating Crohn's Perianal Fistulas does not meet primary endpoint
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The World Health Organization's (WHO) Strategic Advisory Group of Experts (SAGE) has shared recommendations for the use of Takeda's QDENGA® (Dengue Tetravalent Vaccine [Live, Attenuated]) in public vaccination programs. The vaccine should be considered for introduction in settings with high dengue disease burden and high transmission intensity. It should be introduced to children aged 6 to 16 years and administered in a 2-dose schedule with a 3-month interval between doses. The vaccine has shown 80.2% efficacy at 12-months follow-up and 90.4% efficacy in preventing hospitalization due to dengue fever. QDENGA has been generally well tolerated with no identified safety risks. It is currently available in the private market in some countries and will soon be available in Argentina and Thailand.
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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.
Takeda Pharm

NYSE:TAK

TAK Rankings

TAK Stock Data

43.94B
3.17B
0.01%
2.45%
0.12%
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