• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    British Columbia reimburses FRUZAQLATM (fruquintinib capsules) for the treatment of metastatic colorectal cancer (mCRC)

    12/16/25 8:11:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $TAK alert in real time by email

    TORONTO, Dec. 16, 2025 /CNW/ - Takeda Canada Inc. ("Takeda") is pleased to announce that FRUZAQLATM (fruquintinib capsules) will now be reimbursed by BC Cancer as a treatment option for adult patients with metastatic colorectal cancer (mCRC) who have been previously treated with, or are not considered candidates, for available standard therapies.[1]  This treatment is available to patients under certain criteria.

    Takeda Canada (CNW Group/Takeda Canada Inc.)

    "Colorectal cancer remains the second leading cause of cancer-related deaths in Canada. For patients with advanced disease, timely access to new and innovative therapies is important," said Barry D. Stein, President and CEO of Colorectal Cancer Canada. "As both an advocate and someone who has lived experience with stage IV colon cancer, I am encouraged to see this new treatment become available. It offers renewed hope for potentially improved outcomes and quality of life for those facing the most challenging stages of this disease."

    mCRC refers to cancer of the colon that has spread to other parts of the body (called distant metastasis), such as to the liver or lungs.[2] It's estimated that over 3,600 people in British Columbia are diagnosed with colorectal cancer (CRC) every year, with rising rates in young people under age 50.[3] Approximately 70 per cent of patients with CRC will experience metastatic disease, whether at diagnosis or after treatment with metastases being the main cause of CRC-related death.[4],[5]

    FRUZAQLATM was reimbursed in Quebec by Régie de l'assurance maladie (RAMQ), and under the federal Non-Insured Health Benefits (NIHB) Formulary, both under certain criteria patients need to meet. It received market authorization by Health Canada in September 2024 and received a positive reimbursement recommendation by Canada's Drug Agency (CDA-AMC) and Institut national d'excellence en santé et services sociaux (INESSS).  

    "The impact of mCRC can be profound, affecting survival and quality of life for thousands of people in this province. The reimbursement of FRUZAQLATM is another step forward in Takeda's efforts to advancing care for all Canadians living with metastatic colorectal cancer," said Kiran Dharani, Oncology Country Head, Takeda Canada. "We remain committed to working collaboratively with provincial partners and advocates to ensure that all patients can achieve better health and a brighter future."  

    About FRUZAQLATM

    FRUZAQLATM (fruquintinib capsules) is a selective oral inhibitor of vascular endothelial growth factors receptors (VEGFR) -1, -2, and -3 with half maximal inhibitory concentration (IC50) values of 33, 35, and 0.5 nM, respectively. VEGFR inhibitors play a pivotal role in blocking tumor angiogenesis.[6] FRUZAQLATM works by helping to stop tumors from making new blood vessels and therefore slowing down the growth of cancer.1

    The authorization for the treatment of metastatic colorectal cancer is based on data from two large Phase 3 trials: the multi-regional FRESCO-2 trial, data from which were published in The Lancet, along with the FRESCO trial conducted in China, data from which were published in JAMA. In both trials, FRUZAQLATM plus best supportive care demonstrated significant improvements in overall survival, with corresponding improvements in progression free survival, versus placebo plus best supportive care.[7],[8]

    About Takeda Canada Inc.

    Takeda Canada Inc. is the Canadian organization of Takeda Pharmaceutical Company Limited (NYSE:TAK), a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discovering and delivering life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetics and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people's lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries and regions. For more information, visit: https://www.takeda.com/en-ca/ .

    [1] FRUZAQLATM (fruquintinib capsules), Submission Control 275803, Product Monograph, Takeda Canada Inc. (SEP 10, 2024). Available at: https://takeda.info/en-ca-fruzaqlapm

    [2] Canadian Cancer Society. Stages of colorectal cancer. 2025. Available at: https://cancer.ca/en/cancer-information/cancer-types/colorectal/staging#:~:text=For%20stage%202C%2C%20the%20tumour,peritoneum

    [3] BC Cancer Foundation. Colorectal Cancer. Available at: https://bccancerfoundation.com/why-give/research/colorectal-cancer/

    [4] Atreya CE, Yaeger R, Chu E. Systemic therapy for metastatic colorectal cancer: from current standards to future molecular targeted approaches. Am Soc Clin Oncol Educ Book. 2017;37:246-256. doi:10.1200/EDBK_175679

    [5] Vatandoust S, et al. World J Gastroenterol. 2015;21(41):11767-76.

    [6] Zhang Y, Zou JY, Wang Z, Wang Y. Fruquintinib: a novel antivascular endothelial growth factor receptor tyrosine kinase inhibitor for the treatment of metastatic colorectal cancer. Cancer Manag Res. 2019 Aug 16;11:7787-7803. doi: 10.2147/CMAR.S215533. PMID: 31496821; PMCID: PMC6701622. Available at: https://pmc.ncbi.nlm.nih.gov/articles/PMC6701622/

    [7] Dasari NA, et al. LBA25 – FRESCO-2: A global phase 3 multiregional clinical trial (MRCT) evaluating the efficacy and safety of fruquintinib in patients with refractory metastatic colorectal cancer. Ann Oncol. 2022 Sep;33(suppl_7): S808-S869. Doi:10.1016/annonc/annonc1089.

    [8] Li J, Qin S, Xu R, et al. Effect of Fruquintinib vs Placebo on Overall Survival in Patients With Previously Treated Metastatic Colorectal Cancer: The FRESCO Randomized Clinical Trial. JAMA. 2018;319(24):2486–2496. doi:10.1001/jama.2018.7855

    SOURCE Takeda Canada Inc.

    Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/16/c0830.html

    Get the next $TAK alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $TAK

    DatePrice TargetRatingAnalyst
    4/2/2025Equal-Weight → Overweight
    Morgan Stanley
    3/16/2023$20.00Neutral → Buy
    BofA Securities
    7/19/2022$21.00 → $24.00Market Perform → Outperform
    Cowen
    10/7/2021Overweight → Equal-Weight
    Morgan Stanley
    More analyst ratings

    $TAK
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Takeda and Protagonist Announce Submission of New Drug Application (NDA) for Rusfertide for Treatment of Polycythemia Vera (PV)

    Rusfertide Is a First-in-Class Investigational Hepcidin Mimetic That Targets Red Blood Cell Overproduction (Erythrocytosis) in Polycythemia Vera NDA Includes 52-Week Data from Phase 3 VERIFY Study, Which Met the Primary and All Four Key Secondary Endpoints, Showing Rusfertide Provided Durable and Sustained Hematocrit Control and Improved Pre-Specified Patient Reported Outcome Measures Data Underscore the Potential to Shift the Treatment Paradigm for PV Patients to Reduce the Burden of Frequent Phlebotomies and Meaningfully Improve Hematocrit Control Takeda ((TAK) and Protagonist Therapeutics (NASDAQ:PTGX) ("Protagonist") announced the submission of a New Drug Application (NDA)

    1/5/26 7:00:00 AM ET
    $PTGX
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Takeda's Zasocitinib Landmark Phase 3 Plaque Psoriasis Data Show Promise to Deliver Clear Skin in a Once-Daily Pill, Catalyzing a New Era of Treatment

    Pivotal Phase 3 studies of once-daily oral zasocitinib met all primary and ranked secondary endpoints in patients with moderate-to-severe plaque psoriasis More than half of study participants treated with zasocitinib achieved clear or almost clear skin (PASI 90), and on average about 30 percent achieved completely clear skin (PASI 100) by week 16 Zasocitinib was generally well-tolerated with a safety profile consistent with previous clinical studies Takeda ((TAK) today announced positive topline results for the two pivotal Phase 3 randomized, multicenter, double-blind, placebo- and active comparator-controlled studies of zasocitinib (TAK-279), a next-generation, highly selective oral

    12/18/25 3:00:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    British Columbia reimburses FRUZAQLATM (fruquintinib capsules) for the treatment of metastatic colorectal cancer (mCRC)

    TORONTO, Dec. 16, 2025 /CNW/ - Takeda Canada Inc. ("Takeda") is pleased to announce that FRUZAQLATM (fruquintinib capsules) will now be reimbursed by BC Cancer as a treatment option for adult patients with metastatic colorectal cancer (mCRC) who have been previously treated with, or are not considered candidates, for available standard therapies.[1]  This treatment is available to patients under certain criteria. "Colorectal cancer remains the second leading cause of cancer-related deaths in Canada. For patients with advanced disease, timely access to new and innovative therap

    12/16/25 8:11:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Takeda Pharma upgraded by Morgan Stanley

    Morgan Stanley upgraded Takeda Pharma from Equal-Weight to Overweight

    4/2/25 8:46:19 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Takeda Pharma upgraded by BofA Securities with a new price target

    BofA Securities upgraded Takeda Pharma from Neutral to Buy and set a new price target of $20.00

    3/16/23 7:24:52 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Takeda Pharma upgraded by Cowen with a new price target

    Cowen upgraded Takeda Pharma from Market Perform to Outperform and set a new price target of $24.00 from $21.00 previously

    7/19/22 7:32:25 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Large owner Takeda Pharmaceutical Co Ltd converted options into 1,250,000 shares (SEC Form 4)

    4 - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Reporting)

    12/9/25 9:19:26 PM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form 3: New insider Takeda Pharmaceutical Co Ltd claimed ownership of 840,500 shares (Amendment)

    3/A - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Reporting)

    5/9/22 6:10:39 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form 3: New insider Takeda Pharmaceutical Co Ltd claimed ownership of 500,000 shares

    3 - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Reporting)

    4/29/22 6:02:17 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    SEC Filings

    View All

    SEC Form 6-K filed by Takeda Pharmaceutical Company Limited

    6-K - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Filer)

    12/18/25 6:03:21 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form 6-K filed by Takeda Pharmaceutical Company Limited

    6-K - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Filer)

    12/8/25 6:02:38 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form 6-K filed by Takeda Pharmaceutical Company Limited

    6-K - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Filer)

    11/28/25 6:08:46 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    Leadership Updates

    Live Leadership Updates

    View All

    Takeda Appoints Rhonda Pacheco President of the U.S. Business Unit

    − Rhonda Pacheco to Succeed Julie Kim, Who Was Appointed to Be Takeda's Next CEO Takeda ((TAK) today announced that Rhonda Pacheco, most recently group vice president of U.S. Cardiometabolic Health at Eli Lilly, will join Takeda, effective September 29, as president of Takeda's U.S. Business Unit and will be a member of the Takeda Executive Team. Pacheco will succeed Julie Kim, who was appointed by the Takeda Board of Directors to succeed Christophe Weber as president and Chief Executive Officer (CEO) of Takeda in June 2026. With Pacheco's appointment, Kim will focus on preparing for the CEO transition, which includes serving as interim head of the Global Portfolio Division. This press r

    9/11/25 8:45:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Vatroslav Mateljic Appointed General Manager of Takeda Canada

    Vatroslav Mateljic's innovative approach and commitment to transforming the lives of patients will strengthen Takeda's leadership position in the Canadian biopharmaceutical sectorTORONTO, Sept. 16, 2024 /CNW/ - Takeda Canada Inc. ("Takeda Canada") is pleased to announce the appointment of Vatroslav (Vatro) Mateljic as its new General Manager to lead the Canadian operations of Japan's largest pharmaceutical company. Mr. Mateljic has held a number of executive leadership roles in sales, marketing and country management over his 25-year career in the pharmaceutical industry.  Mos

    9/16/24 8:39:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Takeda Announces Candidates for Board of Directors at Upcoming Shareholders Meeting

    Takeda (TYO:4502, NYSE:TAK) today announced that its Board of Directors decided on March 26, 2024 (CET) to propose candidates for Board of Directors at the 148th Ordinary General Meeting of Shareholders to be held on June 26, 2024. Mr. Milano Furuta, currently president of the Japan Pharma Business Unit (JPBU), will succeed Mr. Constantine Saroukos as chief financial officer (CFO) effective April 1, 2024. Takeda will propose Mr. Furuta as a new candidate for board director at the Ordinary General Meeting of Shareholders. If approved by shareholders, Mr. Furuta will join the Board effective June 26, 2024. Mr. Constantine Saroukos, who expressed his intention to retire as CFO, will leave

    3/26/24 7:07:00 PM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    Financials

    Live finance-specific insights

    View All

    Takeda Reports First Half FY2025 Results, with Business Fundamentals Tracking as Planned. Updates Full Year Outlook to Reflect FX Impact and Pipeline Impairment. On Track for Multiple Regulatory Filings This Fiscal Year

    First Half Revenue Declined 3.9% at Constant Exchange Rate (CER), -6.9% at Actual Exchange Rates (AER), Impacted by Generic Erosion of VYVANSE® and FX Headwind Core Operating Profit Declined 8.8% at CER in the First Half, Reflecting Revenue Performance and Product Mix; Impact Partially Offset by Operational Efficiencies First Half Reported Operating Profit (-27.7% at AER) Impacted by Impairment Losses Incurred in Q2   Takeda ((4502, NYSE:TAK) today announced earnings results for the first half of fiscal year 2025 (six months ended Sep 30, 2025) and updated its full-year outlook. Takeda chief executive officer, Christophe Weber, commented: "Takeda's fiscal year 2025 first half

    10/30/25 3:04:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Innovent Biologics Announces Global Strategic Partnership with Takeda to Bring Innovent's Next Gen IO Backbone Therapy and ADC Molecules to the Global Market

    The collaboration combines Innovent's proven immuno-oncology ("IO") and antibody-drug conjugate ("ADC") R&D capability and Takeda's experience in global oncology drug development to accelerate Innovent's two late-stage investigational medicines worldwide, and Takeda receives an option for an early-stage program.Innovent and Takeda will co-develop the IO backbone therapy IBI363 (PD-1/IL-2α-bias) globally and co-commercialize it in the U.S., where Takeda will lead the co-development and co-commercialization efforts under joint governance and aligned development plan; Takeda will receive exclusive commercialization rights outside Greater China and the U.S.Innovent will grant Takeda exclusive ri

    10/21/25 8:25:00 PM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    Takeda Presents Orexin Data from Landmark Oveporexton (TAK-861) Phase 3 Program in Narcolepsy Type 1 at World Sleep 2025

    – Takeda is the Leader in Orexin Science and is on Track to Submit Global Regulatory Applications Starting in Fiscal Year 2025 – Four Orexin Oral Presentations from Phase 3 Pivotal Studies Highlight Statistically Significant and Clinically Meaningful Improvement in Narcolepsy Type 1 Symptoms Demonstrating the Potential for a New Era of Care – Oveporexton was Generally Well-Tolerated with Safety Profile Consistent with Previous Clinical Studies Takeda ((TAK) will present data from two global Phase 3 double-blind, placebo-controlled studies of oveporexton (TAK-861)1, a potential first-in-class investigational oral orexin receptor 2 (OX2R)-selective agonist in narcolepsy type 1 (NT1), du

    9/8/25 3:00:00 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    $TAK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Takeda Pharmaceutical Company Limited (Amendment)

    SC 13G/A - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Subject)

    2/6/24 9:36:34 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form SC 13G/A filed by Takeda Pharmaceutical Company Limited (Amendment)

    SC 13G/A - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Subject)

    2/5/24 6:24:58 AM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care

    SEC Form SC 13G/A filed by Takeda Pharmaceutical Company Limited (Amendment)

    SC 13G/A - TAKEDA PHARMACEUTICAL CO LTD (0001395064) (Subject)

    2/7/23 2:10:49 PM ET
    $TAK
    Biotechnology: Pharmaceutical Preparations
    Health Care