Takeda Pharmaceutical Co. Ltd. New Diabetes Drug Seen Good But Not Great

TOKYO, June 5 (Reuters) - A drug candidate critical to Takeda Pharmaceutical Co Ltd’s mainstay diabetes franchise is expected to show sufficient promise to gain approval but may not be much better than a rival medicine from Merck & Co . Takeda’s drug, called alogliptin or SYR-322, is under regulatory review and data will be presented at the American Diabetes Association’s annual meeting, which runs from June 6-10.

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