
Takeda Pharmaceuticals Shares Rise on Positive Psoriasis Treatment Results

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Takeda Pharmaceuticals' shares rose 4.3% in early Tokyo trade after announcing positive Phase 3 trial results for its new psoriasis treatment, zasocitinib. The drug showed significant efficacy in treating plaque psoriasis, leading to expectations of a new drug application with the FDA by 2026. Citi Research forecasts annual sales of 150 billion yen for the drug, with a launch expected by March 2027.

