PPD, Inc. Confirms Takeda Pharmaceutical Co. Ltd. Receives NDA Approval of NESINA(R) (Alogliptin) from Japanese Ministry of Health, Labour and Welfare

WILMINGTON, N.C.--(BUSINESS WIRE)--PPD, Inc. (Nasdaq: PPDI) today confirmed that Takeda Pharmaceutical Company Limited’s new drug application for NESINA® (alogliptin), a highly selective DPP-4 inhibitor for the treatment of type 2 diabetes, was approved by the Japanese Ministry of Health, Labour and Welfare on April 16. PPD’s compound partnering division collaborated with Takeda to develop this product.

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