Takeda Announces Voluntary Withdrawal Of U.S. Biologics License Application For Dengue Vaccine Candidate TAK-003
Portfolio Pulse from Happy Mohamed
Takeda Pharmaceutical Company has voluntarily withdrawn its U.S. Biologics License Application for its dengue vaccine candidate, TAK-003. The company did not provide a reason for the withdrawal.
July 11, 2023 | 2:05 pm
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Takeda's withdrawal of its U.S. Biologics License Application for TAK-003 may negatively impact its stock in the short term.
The withdrawal of the application for TAK-003, a potential revenue-generating product, could be seen as a setback for Takeda, potentially leading to a negative sentiment among investors and a short-term drop in the stock price.
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