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Takeda hikes outlook on cancer drug sales, Q3 profit jumps 60%
Published Thu, Feb 1, 2018 · 09:50 PM
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Tokyo
TAKEDA Pharmaceutical Co Ltd said that its annual profit will outstrip a prior estimate and reach a six-year high, boosted by stronger sales of the cancer drug Velcade, after earlier reporting better-than-expected quarterly earnings.
Velcade is used to treat multiple myeloma, a type of blood cancer. A US court last year upheld Takeda's patent, giving …
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