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Takeda Raises Annual Guidance After Returning to Quarterly Profit

Takeda reported net profit of 192.4 billion yen for the three months ended September, versus a net loss a year earlier, and raised its annual earnings forecasts.

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By Kosaku NariokaTakeda Pharmaceutical raised its annual earnings forecasts, after swinging to a net profit in the second quarter.The Japanese drugmaker on Thursday reported net profit of 192.4 billion yen, equivalent to $1.22 billion, for the three months ended September, compared with a net loss…

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