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U.S. FDA Approves Expanded Indication for VONVENDI® [von Willebrand factor (Recombinant)] for Adults and Children with Von Willebrand Disease

1. FDA approved Takeda's VONVENDI for routine prophylaxis in von Willebrand Disease. 2. Expanded use may increase sales and market presence for TAK.

FDA Approval
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$15.409/07 08:11 PM EDTEvent Start
$15.409/08 01:27 AM EDTLatest Updated
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FAQ

Why Bullish?

FDA approvals usually lead to market growth. Previous approvals have historically boosted stock prices.

How important is it?

FDA approval for VONVENDI expands Takeda's market potential significantly, impacting revenues positively.

Why Long Term?

Expanded indication can increase revenue over time, similar to past product expansions.

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BMYNOVOSNY
OSAKA, Japan & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Takeda (TSE:4502/NYSE:TAK) today announced that the U.S. Food and Drug Administration (FDA) has approved the supplemental Biologics License Application (sBLA) for VONVENDI® [von Willebrand factor (Recombinant)], expanding the indication to include routine prophylaxis to reduce the frequency of bleeding episodes in adults with von Willebrand Disease (VWD), including those with Type 1 and 2 disease, and on-demand and perioperative management of bl.

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