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TS-172 is an orally administered small molecule drug being developed by Taisho Pharmaceutical for the treatment of hyperphosphatemia, a condition characterized by elevated phosphate levels in the blood. The drug is currently in phase 3 clinical trials in Japan for this indication. While its precise mechanism of action has not been publicly defined, it is classified among hyperphosphatemia therapies and may act as a phosphate binder or through another pathway to reduce serum phosphate levels. As of now, there are no approved indications or known adverse events reported for TS-172[1][2][4].
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