Japanese drug major Takeda Pharmaceutical is to launch Vectibix (panitumumab), an antibody drug for colorectal cancer, in 2010, the chief executive of the firm's US subsidiary Millennium has told Japan's Nikkei Weekly.
Deborah Dunsire, Millennium's CEO, says that Japan's Ministry of Health, Labor and Welfare has approved the drug for cancers of the colon and rectum, and Vectibix is proceeding towards the market.
The Nikkei notes that Takeda currently only sells one drug of this type - leuprorelin for prostate cancer - and oncology accounts for around just 15% of the firm's current revenue.
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