What you should know:
1. PvP created TAK-062, also known as Kuma062, a drug that could potentially treat celiac disease by degrading undigested gluten.
2. The drug is the subject of a phase 1 study investigating TAK-062’s safety and tolerability in healthy patients and patients with celiac disease.
3. To acquire PvP, Takeda paid a negotiated upfront payment and could make additional payments of up to $330 million as the drug passes developmental and regulatory milestones.
4. Takeda and PvP previously entered into a strategic partnership, which granted Takeda acquisition rights in return for developmental funding.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.