Takeda pulls out of deal with Finch on microbiome candidates for IBD

26 August 2022

Finch Therapeutics (Nasdaq: FNCH) yesterday announced that it will regain full development and commercial rights to FIN-524 (previously known as TAK-524) and FIN-525 from Japanese pharma major Takeda Pharmaceutical (TYO: 4502).

The market reaction was to push Finch’s shares up 6.9% by close on Thursday, but down by the same amount to $2.50 by mid-morning today.

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