Japan's Takeda, Dainippon get EU nod for schizophrenia drug

TOKYO, March 31 Sun Mar 30, 2014 7:29pm EDT

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TOKYO, March 31 (Reuters) - Takeda Pharmaceutical Co Ltd and Dainippon Sumitomo Pharma Co Ltd said on Monday the European Commission had given them marketing authorisation for Latuda, a once-a-day oral treatment for schizophrenia in adults.

Sunovion Pharmaceuticals Europe Ltd, a subsidiary of Dainippon Sumitomo Pharma, will market Latuda in the UK, and Takeda subsidiaries will market the drug across Europe, they said in a joint statement. (Reporting by Dominic Lau; Editing by John Mair)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.