Takeda Raises Full-Year Outlook On Strong Mainstays

Exec Reshuffle, TAK-721 Dropped

Japan's largest pharma firm logs what was generally viewed by analysts as a solid fiscal third quarter, driven by growth for its portfolio of global products, leading to raised guidance for the full year despite one pipeline setback. There will also be multiple C-suite reshuffles come 1 April.   

takeda business
• Source: Alamy

Takeda Pharmaceutical Co. Ltd. has upgraded revenue and profit projections for its full fiscal year on the back of what it said was “robust topline growth” for its portfolio of 14 global brands, led by Entyvio (vedolizumab) for inflammatory bowel disorders.

Japan’s leading pharma firm now expects reported revenue for the 12 months ending 31 March to come in at JPY3,510bn...

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