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Stock impact report

CSL Behring and Takeda Pharmaceutical Are Leading a Coalition to Develop a COVID-19 Hyperimmune Therapy [The Motley Fool]

Takeda Pharmaceutical Company Limited American Depositary Shares (each representing 1/2 of a share of) (TAK) 
Company Research Source: The Motley Fool
Brian Orelli(TMFBiologyFool)Author BioDr. Orelli is a Senior Biotech Specialist. He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since 007.Follow @BiologyFoolCSL BehringOTC:CSLLYTakeda PharmaceuticalNYSE:TAK"Unprecedented times call for bold moves," Julie Kim, president of Takeda's plasma-derived therapies business unit, said of the decision to cooperate on the treatment. "We invite companies and institutions focusing on plasma to support or join our alliance."Hint, hint,EmergentBiosolutionsNYSE:EBSdevelopingImage source: Getty Images.Plasma from patients who have recovered fromCOVID-9find a plasma collection centerinitiativeSeparately, CSL and SAB Biotherapeutics are developing an antibody treatment called SAB-85 that will be fully manufactured, eliminating the need for plasma donors. Those companies hope to start a clinical trial of SAB-85 in COVID-9 patients as early as this summer. Show less Read more
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