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Takeda and Protagonist Reveal Positive Phase 3 VERIFY Study Results

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Takeda and Protagonist Reveal Positive Phase 3 VERIFY Study Results

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An announcement from Takeda Pharmaceutical Co ( (JP:4502) ) is now available.

Takeda and Protagonist Therapeutics announced the full 32-week results of their Phase 3 VERIFY study on rusfertide, presented at the ASCO Annual Meeting. The study, which targeted patients with polycythemia vera, successfully met its primary and secondary endpoints, demonstrating significant reductions in phlebotomy and improved hematocrit control. Despite the positive clinical outcomes, the impact on Takeda’s financial results for FY2025 is expected to be minimal.

The most recent analyst rating on (JP:4502) stock is a Buy with a Yen5500.00 price target. To see the full list of analyst forecasts on Takeda Pharmaceutical Co stock, see the JP:4502 Stock Forecast page.

More about Takeda Pharmaceutical Co

Takeda Pharmaceutical Co is a global pharmaceutical company based in Japan, focusing on the development of innovative medicines. The company operates in various therapeutic areas, including oncology, gastroenterology, neuroscience, and rare diseases.

YTD Price Performance: 5.44%

Average Trading Volume: 5,309,542

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen6837.5B

Learn more about 4502 stock on TipRanks’ Stock Analysis page.

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