Tuesday, September 15, 2026

QurCan Therapeutics Enters Strategic Research and Collaboration Agreement with Lilly to Advance Nucleic Acid Therapies for Central and Peripheral Nervous System Diseases

 TORONTO - Tuesday, 15. September 2026 AETOSWire  


Multi-program collaboration leveraging QurCan’s TERP™ polymer-lipid nanoparticle delivery platform


Lilly to make a strategic investment in QurCan


(BUSINESS WIRE) -- QurCan Therapeutics (“QurCan”), a biotechnology company pioneering non-viral, polymer-lipid nanoparticle (PLNP) delivery of genetic medicines through its proprietary TERP™ (Target-Engineered Responsive Polymer) platform, today announced an exclusive research and collaboration agreement with Eli Lilly and Company (“Lilly”) for the treatment of diseases of the central nervous system (CNS) and peripheral nervous system (PNS).


Lilly and QurCan will collaborate on multiple research programs focused on the development of PLNP-enabled genetic medicine therapeutics for CNS and PNS delivery. Through this collaboration, QurCan will be responsible for optimizing genetic medicine therapeutics using its TERP platform, and Lilly will be responsible for further research, clinical development, and commercialization of the selected programs.


“This collaboration with Lilly represents a validation of our PLNP technology platform and its potential to address some of the most challenging delivery problems in genetic medicine,” said Mohammad Ali Amini, Chief Executive Officer of QurCan. “The CNS and PNS remain among the most underserved areas in genetic medicine delivery, and we believe our non-viral approach offers a differentiated and versatile solution across various nucleotide cargos. We are thrilled to work with Lilly, a company with unparalleled expertise in neuroscience drug development and commercialization, to bring these therapies to patients who urgently need them.”


Under the terms of the agreement, QurCan will receive an upfront payment as well as a strategic investment from Lilly. QurCan is eligible to receive research support payments together with research, development and commercial milestone payments up to US$237 million per program in addition to tiered royalties on global net sales of commercialized products.


ABOUT QURCAN THERAPEUTICS


QurCan Therapeutics is a Toronto-based biotechnology company developing next-generation genetic medicines for diseases of the central and peripheral nervous systems. QurCan’s proprietary TERP™ (Target-Engineered Responsive Polymer) platform enables repeat-dosable systemic and targeted polymer-lipid nanoparticle enabled delivery of mRNA, DNA, and oligonucleotide payloads to disease-relevant cell populations. For more information, visit www.qurcan.com.


 


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Contacts

QurCan Contact:

j.reid@qurcan.com

John Reid, CBO

Unifocus Launches AI-Powered Platform to Transform Workforce and Operations Management in Hospitality

   DALLAS - Tuesday, 15. September 2026 AETOSWire  



Combining enterprise-grade labor and operations technology on an AI-native platform, Unifocus Claira redefines workforce management and enables hospitality teams to make faster, more informed decisions.


 


(BUSINESS WIRE)--The global hospitality technology provider, Unifocus, has announced the launch of its newest AI platform, Unifocus Claira.


Unifocus Claira is an industry first end-to-end workforce management and operations platform, purpose-built to give hoteliers and above-property hospitality organizations complete visibility across the workforce lifecycle through one cohesive system.


By replacing the patchwork of disconnected tools, multiple technology stacks and siloed data systems that have traditionally been used to manage labor and operations processes, Unifocus Claira delivers one connected AI-native platform, providing customers with a comprehensive and organized view of their workforce and operations data. This unified data foundation powers advanced AI capabilities designed to accelerate decision-making, improve operational performance and drive business growth.


Importantly, Unifocus Claira is also the first end-to-end platform of its calibre, purpose-built specifically for the select service segment – a market that has historically been underserved by enterprise-grade workforce technology.


The platform delivers a complete view of labor and operations across forecasting, budgeting, scheduling, operational delivery, measurement and reporting in one platform:


Labor: Enhanced demand forecasting, zero-based budgeting, planning and scheduling, time and attendance.

Operations: Visibility across housekeeping, service, maintenance, inspection, and inventory.

Performance Insights: Advanced AI-powered labor and operations analytics that turns data into actionable insights

Ask Claira: A natural-language AI assistant tool delivers answers, recommendations, and takes action in real time.

Backed by Unifocus’ more than 25 years of deep industry expertise, Unifocus Claira is built for the needs of hospitality today and for the future, delivering the capabilities hoteliers actually need to strategically manage their business. The intuitive user experience and rapid onboarding process enables teams to get up and running quickly on the solution. AI is embedded throughout the platform, moving beyond reporting to provide practical, day-to-day recommendations, from optimizing schedules to supporting compliance to identifying when tasks should be reassigned. By turning operational data into actionable guidance, Unifocus Claira enables hospitality leaders to respond faster to changing business needs, improve performance and minimize operational risk.


For on-property teams, this means less time spent managing spreadsheets and disconnected systems, and more time focused on people and guest experience. With greater visibility into workforce costs, productivity and profitability, managers can make more informed decisions while creating a better experience for both employees and guests.


Above-property teams gain greater access to portfolio-level insights as they quickly view metrics through corporate dashboards, enabling them to proactively engage on-property teams, quickly address changing business needs, and ensure a high level of guest satisfaction and profitability.


“Hospitality leaders have never needed greater visibility into their people, operations and performance, yet many are still working across disconnected systems and data,” said John Lockyer, CEO of Unifocus. “Unifocus Claira changes that by simplifying hoteliers’ technology needs and bringing labor, operations, and AI together in one purpose-built platform. We’re putting intelligent, actionable insights directly into the hands of hospitality teams so they can make better decisions faster and ultimately gain more time to focus on what matters most - their people and their guests.”


Unifocus Claira redefines workforce management, now with a complete view across labor and operations. This marks a new chapter for hospitality technology, giving operators the tools and intelligence to keep pace with a rapidly evolving industry. For Select Service operators in particular, it represents a significant step towards a more connected, responsive and data-driven approach to running their businesses.


 


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Contacts

Media Contact

Anna Ransom

Vice President of Marketing, Unifocus

ARansom@unifocus.com

Quectel Announces Launch of Tarrius to Deliver Next-Generation Precision Positioning Solutions for Demanding Field Applications

MUNICH - Tuesday, 15. September 2026



(BUSINESS WIRE) -- Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announces the launch of Tarrius, a new precision technology solution focused on advancing spatial intelligence.


Operating across APAC, Latin America, EMEA and China, Tarrius combines advanced positioning technology and specialist industry expertise with Quectel’s global engineering, manufacturing, and service capabilities, to deliver dependable, high-accuracy solutions for demanding field applications including surveying and mapping, deformation monitoring and machine guidance. Tarrius combines precision positioning, reliable connectivity and efficient data transmission to enable more accurate, streamlined digital workflows in the field.


“Tarrius is built around a simple promise, a precision you can build on. We’re combining centimetre- to millimetre-level positioning with seamless connectivity and efficient data transmission to create dependable digital workflows for demanding surveying, monitoring and construction applications,” commented Windy Fang, GNSS Product Director, Quectel. “We can offer customers not just advanced technology, but a dependable long-term partner wherever they operate.”


Tarrius is launching with a broad portfolio of high-precision GNSS products for surveying and mapping, deformation monitoring and machine guidance that will be demonstrated at INTERGEO and will be commercially available in November 2026. The range includes GNSS receivers, reference stations, field controllers, monitoring and guidance receivers and high-precision antennas, alongside Tarrius software for managing field work, correction services and monitoring projects. Together, the portfolio gives customers the tools they need to collect, manage and use accurate positioning data throughout their day-to-day operations.


For surveying professionals, the compact TR10 combines visual AR stakeout with calibration-free tilt compensation and RTKHOLD technology, while the TR12 adds dual cameras and an integrated laser rangefinder for measurements in locations that are difficult or impractical to reach. The TR12B provides a dedicated base station option, with a built-in 5W UHF radio offering coverage of up to 15km and a rugged design for demanding field environments.


The portfolio also addresses permanent installations and specialist applications. The TR09N is designed for continuous operation as a GNSS reference station, combining full-constellation tracking with global 4G LTE connectivity and low power consumption. For deformation monitoring, the TR07M brings together millimetre-level positioning, automatic data collection and transmission, and cloud and edge processing, while the TR07B provides an integrated base station solution for distributing GNSS correction data. The range is completed by the TR05G, a heading and guidance receiver designed for machine control applications.


Tarrius will be showcasing its new product portfolio at INTERGEO in Munich at stand C6D102 on 15th – 17th September.


About Tarrius


Tarrius provides high-precision GNSS solutions backed by more than 15 years of expertise in positioning, wireless communications and IoT technology, supporting professionals who survey, map and shape the world around us.


Find out more www.tarrius.com or on our LinkedIn page.


About Quectel


Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global end-to-end IoT solutions provider backed by outstanding support and services.


With a worldwide team of over 8,900 professionals, we lead the way in delivering end-to-end IoT solutions, spanning cellular, GNSS, satellite, Wi-Fi and Bluetooth modules, high-performance antennas, value-added services and full turnkey offerings including ODM services and system integration.


With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world.


For more information, please visit: www.quectel.com or LinkedIn


 


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Contacts

Quectel

Media contact: media@quectel.com


Tarrius

Media contact: marketing@tarrius.com

Rimini Street and Datacom Announce Strategic Partnership to Accelerate AI Adoption and Drive IT Optimisation Across ANZ

 SYDNEY - Tuesday, 15. September 2026 AETOSWire Print 



Collaboration delivers expert third-party support for Oracle and SAP, keeping systems secure, compliant and stable for immediate Agentic AI ERP innovation while freeing up capital for growth and profitability


 


(BUSINESS WIRE)--Rimini Street Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle and SAP software, today announced a strategic partnership with Datacom, one of Australasia’s largest homegrown technology services and solutions providers. The reseller agreement will see Datacom offer Rimini Support™ for Oracle and SAP software to its public and private sector customers across Australia and New Zealand.


This collaboration brings together Rimini Street's third-party software support, trusted by thousands of leading organisations including Fortune Global 100, Fortune 500, midmarket, public sector and government agencies, with Datacom’s extensive market presence and implementation expertise. As part of its core platforms portfolio, Datacom will offer level 4 support services, security and compliance solutions, powered by Rimini Street, to its clients on perpetually licensed versions of Oracle and SAP software, without needing to upgrade or give up their licenses.


The partnership enables Datacom to offer a compelling value proposition: clients benefit from expert support services, significant savings on their enterprise software support of up to 90% of total costs and the ability to redirect IT budget and talent towards strategic initiatives such as digital transformation, cloud migration and AI-driven projects for greater competitive advantage and growth.


“This is a first-of-its-kind partnership for Rimini Street in this region, and we are excited to join forces with a technology leader like Datacom at a pivotal moment, when economic pressures and the urgency to accelerate AI adoption intersect,” said Shirley Riddick, GVP and regional GM, ANZ, Rimini Street. “Rimini Street and Datacom together can help organisations maximise the full value of their current investments, reduce operating risk and leapfrog innovation by deploying Agentic AI in weeks, not months, on top of their existing systems.”


“We are excited to partner with Rimini Street to enhance our service offerings. This partnership allows Datacom to provide our clients across ANZ with a proven solution that helps to extend the life and value of their enterprise software investments so they can continue on their AI journeys. It aligns perfectly with our commitment to helping customers solve their biggest challenges and achieve their strategic goals," said Dave Payne, director, Core Platforms, Australia and New Zealand, Datacom.


To learn more about partnering with Rimini Street visit riministreet.com/partners/.


About Rimini Street, Inc.


Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle and SAP software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organisations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.


To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.


About Datacom


Built on strong values, Datacom has grown to be one of the region's leading locally owned technology businesses. We work across Australia and New Zealand to make a difference in people's lives by turning the imaginable into reality. Datacom supports customers through a broad range of services and solutions that span technology, operations, digital services and products, all underpinned by robust industry experience and insight. With nearly 6,000 people working across Australia, New Zealand and Asia, Datacom is truly world-class in capability and proudly local at heart. For more information, visit www.datacom.com.


Forward-Looking Statements


Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “assume,” “believe,” “budget,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “goal,” “potential,” “predict,” “project,” “reflect,” “results,” “seem,” “seek,” “should,” “will,” “would” and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to our ability to attract new clients or retain and/or sell additional products or services to existing clients; our ability to achieve and maintain an adequate rate of revenue growth; cost of revenue, including changes in costs associated with our efforts to grow and the results of any efforts to manage costs to align with current revenue expectations and the expansion of our offerings; the effects of increased intense competition in our industry and our ability to compete effectively; our ability to successfully educate the market regarding the advantages of our support and managed services for ERP software and to sell the products and services comprising our “Rimini Smart Path™” solutions portfolio, including but not limited to our Agentic AI ERP solutions; our intentions with respect to our pricing model and expectations of client savings relative to use of other providers; the evolution of the ERP software management and support landscape facing our clients and prospects; estimates of our total addressable market; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor-supplied software support and managed services; the effects of the efforts of enterprise software vendors to sell upgrades or migrations to cloud-based versions of their enterprise software on our results of operations; our ability to scale our operations quickly enough to meet our clients’ changing needs or decrease our costs adequately in response to changing client demand; risks arising from incorporating artificial intelligence (“AI”) technologies into our products or services or any deficiencies associated with AI technologies used by us or by our third-party vendors and service providers; our ability to maintain, protect, and enhance our brand; the loss of one or more members of our management team and our ability to attract and retain additional qualified technical, sales and marketing personnel; our ability to expand our marketing and sales capabilities; our ability to avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or performance problems on our operations; our ability to defend against cybersecurity threats and to comply with data protection and privacy regulations; our expectations regarding new product offerings, innovation solutions, partnerships and alliance programs and our ability to develop and maintain strategic partnerships; our ability to expand internationally and the risks associated with global operations; our wind down of support services for Oracle’s PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; the continuing impact of and our ability to comply with the terms of our July 2025 settlement agreement with Oracle; the impact of macro-economic trends, including inflation and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; our ability to generate significant capital through our operations or to raise additional capital necessary to fund and expand our operations and invest in new services and products; our business plan and our ability to effectively secure and manage our growth and associated investments; risks relating to retention rates, including our ability to accurately predict retention rates; our ability to protect our intellectual property; our ability to maintain an effective system of internal control over financial reporting; changes in laws or regulations, including tax laws or unfavorable outcomes of tax positions we take; tariff costs; our ability to realise benefits from our net operating losses; any negative impact of environmental, social and governance (“ESG”) matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the volatility of our stock price; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; our ability to maintain our good standing with the United States and international governments and capture new contracts with public sector entities; the occurrence of catastrophic events that may disrupt our business or that of our current and prospective clients; future acquisitions of, or investments in, complementary companies, products, subscriptions or technologies; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on July 30, 2026, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.


© 2026 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.


 


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Contacts

Janet Ravin

VP, Corporate Marketing

Rimini Street, Inc.

+1 702 285-3532

pr@riministreet.com

Kinaxis Advances Operational Orchestration Vision with Agentic AI at Kinexions EMEA 2026

 Global brands including Bosch, Castrol, Coca-Cola Al Ahlia Beverages, and Moët Hennessy take the stage in Barcelona as Kinaxis sets the direction for the next era of supply chain


 


(BUSINESS WIRE)--Kinaxis® Inc. (TSX:KXS), a global leader in AI-powered supply chain planning and orchestration, will bring together some of the world’s most innovative supply chain leaders at Kinexions EMEA 2026 from October 26-28. Building on the operational orchestration vision Kinaxis introduced earlier this year, the conference offers an inside look at how leading organizations are harnessing AI innovation and agentic capabilities to help supply chain leaders make better decisions, coordinate action across the business and drive measurable outcomes.


From AI Potential to Operational Impact


As organizations continue to invest heavily in AI, many struggle to translate intelligence into action - just 12% of supply chain leaders consider themselves AI leaders, despite widespread deployment of AI capabilities. Kinaxis CEO Razat Gaurav and Executive Vice President, EMEA, Fabienne Cêtre, will open the mainstage with an exploration of the market forces reshaping global supply chains and how operational orchestration is helping organizations bridge that gap by connecting people, processes, data, and AI across the enterprise. This welcome session will be livestreamed globally.


The mainstage program will offer a look at the technologies reshaping supply chain and how AI is evolving from a decision-support tool into an operational partner.


Andrew Bell, Chief Product Officer, will showcase what’s ahead for Kinaxis, including the continued evolution of Maestro and a closer look at how innovations in AI-powered orchestration will help supply chain teams respond faster and align decisions across functions.

Manik Sharma, Chief of Agentic Solutions, will build on this with a deeper look at how forward deployed engineering (FDE) teams are working alongside organizations to move agentic AI into real enterprise environments and accelerate measurable value.

“Supply chains are operating in an environment where the speed and complexity of decision-making have fundamentally changed,” said Razat Gaurav, CEO of Kinaxis. “AI is creating an entirely new frontier for supply chain, but technology alone doesn’t create business value. At Kinexions North America, we introduced our vision for operational orchestration to move from decisions to outcomes in a more connected way. Since then, we’ve been turning that vision into real capabilities for our customers and partners globally. In Barcelona, we’ll show attendees how it’s becoming a reality and what it means for the future of supply chain.”


Keynote: Human Performance in an AI-Powered World


Taking the stage as the featured keynote speaker is Dr. James Hewitt, human performance scientist, author, and expert on performance under pressure. Drawing on research spanning Formula 1 to Fortune 500 organizations, Hewitt will explore why human judgment and trust matter more as AI takes on greater autonomy. That balance between human judgment and intelligent technology will carry throughout the event as Kinaxis explores what an increasingly agentic world means for the future of the supply chain industry and its leaders.


Three Days of Insight, Innovation and Community


Attendees will hear directly from global leaders at Bosch, Castrol, Coca-Cola Al Ahlia Beverages, Moët Hennessy and more about how they are navigating complex global supply chains, volatility and changing business demands. Kinexions EMEA will offer dedicated product showcases, expert-led sessions and hands-on bootcamps to move the conversation from concept to experience, giving attendees the opportunity to explore the technologies and approaches behind Kinaxis' vision for operational orchestration. The program will also offer opportunities to connect with partners and peers, along with the Women in Supply Chain Breakfast, a dedicated forum for leadership and celebrating the women helping to move the industry forward.


Kinexions EMEA 2026 takes place October 26–28 at the Grand Hyatt Barcelona.


View the agenda HERE

Registration is open HERE


About Kinaxis


Kinaxis is a leader in modern supply chain planning and orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.


Source: Kinaxis Inc.


 


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Contacts

Media Relations

Erin Boyle | Kinaxis

eboyle@kinaxis.com

+1 519-574-4065


Investor Relations

Victoria Hyde-Dunn | Kinaxis

vhyde-dunn@kinaxis.com


 

Visa, Circle and Haun Ventures Back Velocity in Series A Extension, Bringing Total Series A Funding to $48 million


 LONDON - 

(BUSINESS WIRE)--Velocity, the stablecoin payments and treasury platform, today announced a $10 million extension to its Series A, with investment from Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital and Mirana Ventures. The extension follows Velocity’s $38 million Series A announced last month and will support the company’s work to bring stablecoin infrastructure to issuers, acquirers, payment providers, financial institutions and merchants worldwide.


“We are excited to welcome several new investors to Velocity, including Visa through Visa Ventures,” said Eric Queathem, founder and CEO of Velocity. “From day one, we have focused on improving how money moves through the payments ecosystem. These investors operate at the center of that ecosystem and will provide invaluable insight as we use stablecoins to transform the experience.”


Velocity is building infrastructure that enables institutions and businesses to use stablecoins for settlement, liquidity and treasury operations without replacing their existing systems. The platform is designed to make the movement of money behind payments more continuous, reduce reliance on prefunding and extend settlement beyond traditional banking hours.


“Stablecoins are playing an increasingly important role in reshaping how value moves across the Visa ecosystem, and companies like Velocity are helping accelerate adoption and unlock new opportunities for our customers and partners,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships at Visa. “We’re excited to invest in Eric and the Velocity team as they build the infrastructure needed to bring stablecoin-powered money movement to every business.”


The participation of Circle Ventures and Ripple brings Velocity together with two major companies advancing regulated stablecoins and their use in payments, liquidity and institutional finance. Translink Capital's investment adds a strategic bridge to Velocity's network of corporate and institutional partners across Asia. Their investment reflects a shared view that the next phase of stablecoin adoption will depend not only on the assets and blockchains themselves, but also on the infrastructure connecting them with the banking, treasury and settlement systems institutions already use.


Haun Ventures brings a long-term perspective shaped by investments across multiple generations of stablecoin and financial infrastructure companies. Its investment in Velocity reflects its conviction that stablecoins will become increasingly embedded in the systems underpinning payments, banking and treasury.


“Haun Ventures had early conviction in stablecoin infrastructure, with investments in both Bridge and BVNK. Velocity represents the next evolution of that thesis,” said Chris Ahn, Partner at Haun Ventures. “Stablecoins are moving beyond faster transactions to become a foundational layer for global finance. Velocity is building the technology that enables major institutions to embed them directly into their payment and treasury operations.”


With total Series A funding of $48 million, Velocity will continue to expand its platform and deepen its work across the global payments and treasury ecosystem. The company aims to make stablecoins a seamless part of how institutions move and manage money; connecting issuers, acquirers, merchants and financial institutions through infrastructure designed for continuous global settlement.


About Velocity


Velocity is the first stablecoin payments and treasury platform purpose-built for global CFOs and Treasurers. By combining regulated stablecoins with traditional financial infrastructure, the platform enables companies to move funds in real time, manage liquidity more efficiently, and simplify global settlement. Velocity helps finance teams reduce FX and liquidity friction, unlock trapped capital, and gain greater visibility into global cash flows.


 


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Contacts

press@velocity.xyz

U.S. FDA Accepts New Drug Application Under Priority Review for Takeda’s Zasocitinib in Moderate-to-Severe Plaque Psoriasis, with Potential to Redefine Oral Treatment Expectations

OSAKA, Japan & CAMBRIDGE, Mass. - Monday, 14. September 2026


    Acceptance is based on pivotal Phase 3 data demonstrating rapid, durable and consistent skin clearance, including in high-impact sites, in a convenient once-daily pill
    Results from nearly 3,000 patients support potential for next-generation TYK2 inhibitor to redefine oral treatment expectations in psoriasis
    The Prescription Drug User Fee Act (PDUFA) target action date is in the first quarter of calendar year 2027

 

(BUSINESS WIRE) -- Takeda (TSE:4502/NYSE:TAK) announced that the U.S. Food and Drug Administration (FDA) accepted its New Drug Application (NDA) under Priority Review for zasocitinib (TAK-279) for the treatment of adults with moderate-to-severe plaque psoriasis. Zasocitinib is an investigational, next-generation, highly selective and potent oral tyrosine kinase 2 (TYK2) inhibitor, which demonstrated rapid, durable and consistent skin clearance in Phase 3 plaque psoriasis studies.1-3

Addressing unmet needs in psoriasis treatment
“Despite progress in psoriasis care, there remains a need for highly effective oral therapies that also address the diverse and often challenging manifestations of psoriasis, including involvement of high-impact sites like the scalp,” said Andy Plump, M.D., Ph.D., president of R&D at Takeda. “Our Phase 3 data demonstrated rapid and durable skin clearance across various patient types and in high-impact and hard-to-treat areas. Based on the results across nearly 3,000 patients, zasocitinib has the potential to be a leading oral treatment option in psoriasis.”

Phase 3 clinical data supporting the zasocitinib NDA for moderate-to-severe plaque psoriasis
The NDA filing is supported by a comprehensive data package including the pivotal global Phase 3 LATITUDE PsO 3001 (NCT06088043) and 3002 (NCT06108544) studies, in which all primary and ranked secondary endpoints were met.1-2 The submission also included supportive data from LATITUDE PsO 3003 (NCT06550076), an open-label study to evaluate zasocitinib's long-term safety, tolerability and efficacy.4 Zasocitinib data demonstrated:1-2

    Statistically significant and clinically meaningful improvements across multiple measures of skin clearance and symptom relief, with about 70% of patients achieving clear or almost clear skin (sPGA 0/1) at week 16.

    Rapid and durable skin clearance for the majority of patients, with clearance observed as early as week 4 and increasing through week 24 and further through week 52.

    High levels of skin clearance across hard-to-treat and high-impact sites, including the scalp, nails, palms and soles, which can result in reduced quality of life for patients.5

    Zasocitinib was generally well tolerated, with a safety profile consistent with previous studies. No new safety signals were identified.

Next steps for zasocitinib
The European Medicines Agency (EMA) also accepted Takeda’s new marketing authorization application (MAA) for zasocitinib, initiating the review process for the treatment of moderate-to-severe plaque psoriasis. Takeda plans to submit additional applications for plaque psoriasis with global regulatory authorities to bring zasocitinib to people living with psoriasis worldwide.

The NDA filing has no significant impact on the full year consolidated financial forecast for the fiscal year ending March 31, 2027.

Q&A:
What specific data supports the zasocitinib FDA acceptance?
The NDA filing is supported by the pivotal Phase 3 LATITUDE PsO 3001 (NCT06088043) and 3002 (NCT06108544) studies, in which the co-primary and all 44 ranked secondary endpoints were met.1-2,6-7 The studies are global, multicenter, randomized, double-blind, placebo- and active comparator-controlled studies to evaluate the efficacy, safety and tolerability of zasocitinib in adult patients with moderate-to-severe plaque psoriasis.6-7 Co-primary and select secondary endpoints at week 16 included:1-2

Co-primary Endpoints and Select Secondary Endpoints at Week 16
    

LATITUDE PsO 3001 Results
    

LATITUDE PsO 3002 Results

static Physician Global Assessment (sPGA) 0/1
    

71% zasocitinib vs 11% placebo and 32% apremilast (p<0.001)
    

69% zasocitinib vs 13% placebo and 30% apremilast (p<0.001)

Psoriasis Area and Severity Index (PASI) 75
    

76% zasocitinib vs 12% placebo and 37% apremilast (p<0.001)
    

71% zasocitinib vs 12% placebo and 33% apremilast (p<0.001)

Select Secondary

Endpoints at Week 16
    

 
    

 

PASI 90
    

61% zasocitinib vs 5% placebo and 17% apremilast (p<0.001)
    

52% zasocitinib vs 4% placebo and 16% apremilast (p<0.001)

sPGA 0
    

40% zasocitinib vs 0.7% placebo and 8% apremilast (p<0.001)
    

34% zasocitinib vs 1% placebo and 7% apremilast (p<0.001)

PASI 100
    

33% zasocitinib vs 0.7% placebo and 3% apremilast (p<0.001)
    

25% zasocitinib vs 1% placebo and 4% apremilast (p<0.001)

Scalp-specific PGA (ssPGA) 0/1
    

77% zasocitinib vs 7% placebo and 42% apremilast (p<0.001)
    

74% zasocitinib vs 13% placebo and 30% apremilast (p<0.001)

Nail Psoriasis Severity Index (NAPSI), Least-squares mean change from baseline
    

-7.1 zasocitinib vs 1.8 placebo (p<0.001)
    

-8.6 zasocitinib vs -1.4 placebo (p<0.001)

Palmoplantar (hands and/or feet response) PGA (hfPGA) 0/1*
    

71% zasocitinib vs 22% placebo and 44% apremilast*
    

69% zasocitinib vs 10% placebo and 43% apremilast*

PASI 75 at Week 4
    

N/A
    

17% zasocitinib vs 4% for placebo (p<0.001)

Most Common Adverse Events (≥5%)
    

Upper respiratory tract infection (10.1%), nasopharyngitis (6.2%) and acne (6.5%), with no new safety signals identified**

*Not a multiplicity controlled secondary endpoint. Comparisons with apremilast are descriptive and should be interpreted accordingly.

**Sample size adjusted incidence proportion across the two studies.

When could zasocitinib become available to patients?
Zasocitinib is currently under FDA Priority Review, with a decision anticipated in the first quarter of 2027. If approved, zasocitinib could become available to appropriate patients after FDA approval.

About Plaque Psoriasis
Psoriasis is a chronic, systemic immune-mediated inflammatory disease characterized by itchy, painful, disfiguring and disabling skin lesions that impact one’s physical, emotional and psychological wellbeing.7,8,14 Globally, an estimated 66.4 million people are living with psoriasis, and about 80-90% of those have plaque psoriasis.15-17 Persistent itch, the appearance and location of skin lesions — especially in highly visible or high-impact sites — and related comorbidities, like psoriatic arthritis, play a major role in reducing quality of life and can lead to significant impacts on daily living.8,12-14 Psoriasis is also a heterogeneous disease driven by complex, interconnected immune pathways, genetics and environmental factors that differ across patients and over time, leading to variability in disease course, symptoms and treatment response.18-22

About Zasocitinib (TAK-279)
Zasocitinib is an investigational, next-generation, highly selective and potent oral TYK2 inhibitor that maintains 24-hour inhibition of IL-23 plus other core disease-driving immune pathways.23-27 It has the potential to be a leading oral treatment option for people living with psoriasis that may deliver rapid and durable skin clearance in a convenient once-daily pill.1-2 Zasocitinib has more than 1-million-fold greater selectivity for TYK2 compared to other JAK enzymes, which could maximize TYK2 inhibition without impacting JAK1, 2 and 3 signaling, based on in vitro data.23-24 Takeda is currently evaluating the safety and efficacy of zasocitinib in Phase 3 studies in psoriatic arthritis and Phase 2 studies in Crohn’s disease, ulcerative colitis, vitiligo and hidradenitis suppurativa.28-33 Zasocitinib is an investigational compound that has not been approved for use by any regulatory authority.

About Tyrosine Kinase 2 (TYK2) Inhibitors
TYK2 is a central mediator of core inflammatory pathways in psoriasis — IL-23/IL-17 axis and type I interferon signaling — making it a promising target as inhibition of a single pathway may not fully control disease for every patient.22,26,34 TYK2 is an intracellular enzyme and member of the Janus kinase (JAK) protein family.22-23 However, TYK2 is distinct from JAK1, 2 and 3 as it primarily regulates immune responses, whereas JAK1, 2 and 3 regulate broader biological processes such as lipid metabolism and hematopoiesis.22-23 Highly selective allosteric inhibition of TYK2, with minimal inhibition of JAK1, 2 and 3, is a promising therapeutic approach to target immune-mediated inflammation.27

About the Phase 3 LATITUDE PsO 3001 and 3002 Studies
The Phase 3 LATITUDE PsO 3001 (NCT06088043) and 3002 (NCT06108544) studies are global, multicenter, randomized, double-blind, placebo- and active comparator-controlled studies to evaluate the efficacy, safety and tolerability of zasocitinib in adult patients with moderate-to-severe plaque psoriasis.6-7 The studies were conducted in 21 countries, with LATITUDE PsO 3001 enrolling 693 participants and LATITUDE PsO 3002 enrolling 1,108 participants, respectively. The co-primary endpoints were the proportion of zasocitinib-treated patients achieving sPGA 0/1 and PASI 75 response compared to placebo at week 16.6-7 Ranked secondary endpoints included comparisons versus placebo (week 16) and apremilast (week 16 and week 24).6-7

About the Phase 3 LATITUDE PsO 3003 Study
The LATITUDE PsO 3003 (NCT06550076) study is a Phase 3, multicenter, open-label study evaluating the long-term safety, tolerability and efficacy of zasocitinib in adults with moderate-to-severe plaque psoriasis.4 The study enrolled approximately 2,100 participants and consists of two parts.4 In Part A (de novo cohort), adult patients who had not been exposed to zasocitinib before received zasocitinib 30 mg once daily for up to 52 weeks.4 Patients who completed Part A or the treatment period in the Phase 3 LATITUDE PsO 3001 (NCT06088043) and 3002 (NCT06108544) studies received zasocitinib for up to 156 weeks in Part B.4 The primary endpoint was the number of zasocitinib-treated patients with treatment-emergent and serious adverse events.4 Secondary endpoints were the proportion of zasocitinib-treated patients achieving sPGA 0/1 and PASI 75 response.4

About Takeda
Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.

Important Notice
For the purposes of this notice, “press release” means this document, any oral presentation, any question-and-answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

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This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects”, “forecasts”, “outlook” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States and with respect to international trade relations; competitive pressures and developments; changes to applicable laws and regulations, including tax, tariff and other trade-related rules; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic; the success of our environmental sustainability efforts, in enabling us to reduce our greenhouse gas emissions or meet our other environmental goals; the extent to which our efforts to increase efficiency, productivity or cost-savings, such as the integration of digital technologies, including artificial intelligence, in our business or other initiatives to restructure our operations will lead to the expected benefits; and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings-and-security-reports/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.

Medical Information
This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

References:

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    Snyder AM, Taliercio VL, Webber LB, et al. The Role of Pain in the Lives of Patients with Psoriasis: A Qualitative Study on an Inadequately Addressed Symptom. J Psoriasis Psoriatic Arthritis. 2022 Jan;7(1):29-34. doi: 10.1177/24755303211066928. Epub 2021 Dec 12. PMID: 39296728; PMCID: PMC11361505.

    Blackstone B, Patel R, Bewley A. Assessing and Improving Psychological Well-Being in Psoriasis: Considerations for the Clinician. Psoriasis (Auckl). 2022;12:25-33.doi:10.2147/PTT.S32844.

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    Elmets CA, Leonardi CL, Davis DMR, et al. Joint AAD-NPF guidelines of care for the management and treatment of psoriasis with awareness and attention to comorbidities. J Am Acad Dermatol. 2019;80(4):1073-1113. doi:10.1016/j.jaad.2018.11.058.

    Griffiths CEM, Armstrong AW, Gudjonsson JE, Barker JNWN. Psoriasis. Lancet. 221;397(10281):1301-1315. doi:10.1016/S0140-6736(20)32549-6.

    Gooderham MJ, Papp KA, Lynde CW. Shifting the focus - the primary role of IL-23 in psoriasis and other inflammatory disorders. J Eur Acad Dermatol Venereol. 2018;32(7):1111-1119. doi:10.1111/jdv.14868.

    Muromoto R, Oritani K, Matsuda T. Current understanding of the role of tyrosine kinase 2 signaling in immune responses. World J Biol Chem. 2022;13(1):1–14. doi:10.4331/wjbc.v13.i1.1.

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    Mehrotra S, Sano Y, Halkowycz P, et al. Pharmacological characterization of zasocitinib (TAK-279): an oral, highly selective and potent allosteric TYK2 inhibitor. J Invest Dermatol. 2026;146:214-222.e7. https://www.jidonline.org/action/showPdf?pii=S0022-202X%2825%2900531-7.

    Armstrong AW, Gooderham M, Lynde C, et al. Tyrosine Kinase 2 Inhibition With Zasocitinib (TAK-279) in Psoriasis: A Randomized Clinical Trial. August 21, 2024. JAMA Dermatol. 2024 August 21;160;(10):1066- 1074. doi:10.1001/jamadermatol.2024.2701.

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