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TAK Takeda Pharmaceutical Company Ltd

13.45
0.34 (2.59%)
After Hours
Last Updated: 22:09:56
Delayed by 15 minutes
Name Symbol Market Type
Takeda Pharmaceutical Company Ltd NYSE:TAK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.34 2.59% 13.45 13.49 13.40 13.40 1,458,429 22:09:56

Takeda Says FDA Approves Treatment for Colorectal Cancer

08/11/2023 11:49pm

Dow Jones News


Takeda Pharmaceutical (NYSE:TAK)
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By Stephen Nakrosis

 

Pharmaceutical company Takeda said Wednesday that the U.S. Food and Drug Administration approved Fruzaqla as a treatment for certain patients with colorectal cancer.

Fruzaqla, or fruquintinib, an oral targeted therapy, was approved for adults with metastatic colorectal cancer who had received certain previous treatments for the condition.

The company said Fruzaqla and best supportive care showed "significant improvements in overall survival, with corresponding improvements in progression free survival, versus placebo plus best supportive care in two Phase 3 clinical trials."

Data from the trials supported an EU marketing authorization application for fruquintinib, "which was validated and accepted for review by the European Medicines Agency in June," Takeda said. A submission was made in September to the Japan Pharmaceuticals and Medical Devices Agency, the company said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 08, 2023 18:34 ET (23:34 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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