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Otsuka Pays Price As AVP-786 Dropped For Alzheimer's Agitation

Follows Setbacks In Other Uses

Executive Summary

Otsuka has now formally decided to terminate the development of AVP-786 for Alzheimer's agitation, for which it is set to book another JPY100bn loss this year, and marking a major setback for an asset that was a key attraction in a previous large acquisition.

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