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    Hiroshi WadaSMBC Nikko Securities

    Hiroshi Wada's questions to Takeda Pharmaceutical Co Ltd (TAK) leadership

    Hiroshi Wada's questions to Takeda Pharmaceutical Co Ltd (TAK) leadership • Q3 2025

    Question

    Hiroshi Wada from SMBC Nikko Securities asked about the likelihood of Entyvio being included in the U.S. IRA price negotiations in 2028.

    Answer

    CEO Christophe Weber confirmed that Entyvio's inclusion in the IRA in 2028 is a possibility. He stated this potential outcome is the reason the company has maintained a peak sales forecast range of $7.5 billion to $9 billion for the product, as it accounts for this risk.

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