Takeda signs option to market Ascentage’s drug


TOKYO: Takeda Pharmaceutical Co has signed an option agreement with Chinese drug developer Ascentage Pharma Group International for the development of a blood-cancer drug, as the Japanese drug maker attempts to revive its drug pipeline and boost growth.

Takeda will have the option to exclusive marketing for Olverembatinib outside of mainland China, Hong Kong, Macau, Taiwan and Russia, the Japanese company said in statement.

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Takeda , Ascentage , Pharmaceutical

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