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Takeda Acquires PvP Biologics

Follows results of a phase 1 study of TAK-062 for the treatment of celiac disease

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Takeda has acquired PvP Biologics for $330 million following the conclusion of a Phase 1 proof-of-mechanism study of investigational medicine TAK-062 (Kuma062) for the treatment of uncontrolled celiac disease.   Takeda and PvP Biologics previously entered into a development and option agreement, under which PvP Biologics was responsible for conducting research and development through the Phase 1 proof-of-mechanism study of TAK-062 in exchange for funding by Takeda related to a pre-defined develo...

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