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Stock impact report

Takeda circles a leukemia drug; J.P. Morgan moves into biotech investing [Yahoo! Finance]

Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1/2 of a share of) (TAK) 
Company Research Source: Yahoo! Finance
Morgan and Bristol Myers Squibb that you may have missed from earlier this week. Takeda Pharmaceutical has paid $100 million for an exclusive option to license a blood cancer medicine from China-based Ascentage Pharma . Known as olverembatinib, the medicine is already approved and marketed in China for certain adult patients with chronic myeloid leukemia. It blocks members of the "tyrosine kinase" enzyme family that are integral to the onset and development of CML. — Jacob Bell The Food and Drug Administration has advised vaccine manufacturers to target, if possible, the KP.2 coronavirus strain in updating their COVID-19 shots this year. The recommendation follows an advisory committee meeting earlier this month, during which experts favored an update that broadly covers the JN.1 virus lineage, which includes KP.2. While the FDA initially communicated that preference to companies, it is now pushing KP.2 specifically based on current data. The agency doesn't anticipate this change Show less Read more
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