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Stock impact report

Takeda ProThera Collaboration, And Other News: The Good, Bad And Ugly Of Biopharma [Seeking Alpha]

Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1/2 of a share of) (TAK) 
Company Research Source: Seeking Alpha
SummaryTakeda teams up with ProThera to develop therapies for acute inflammatory conditions.Gilead slumps on leaked document showing remdesivir failure.Daxor jumps on DoD contract.Takeda Teams Up with ProThera on IAIP TherapyTakeda Pharmaceutical Company Limited (TAKThe global licensing deals with IAIP which is a naturally occurring protein circulating in the blood. The research conducted by ProThera shows that such proteins may aid the process of controlling inflammation. Denice Spero, president and chief business officer of ProTherasaidTakeda is consistently working towards boosting its portfolio of plasma derived therapies. The company had made a foray in this direction with its acquisition of Shire, which came with a price tag of nearly $62 billion. However, the company has notdisclosedThis development underscores Takeda’s attempt to take its business in a new direction. The company recently announced its deal with Oriflame. Under this $670 million agreement, Takeda will dispose o Show less Read more
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