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BQ25303J: Diode necessary?

Part Number: BQ25303J

Tool/software:

Dear Technical Service,

I followed the recommnedations from one of your colleagues about the BQ25303 and I designed this circuit:

Now what I got is that if I have D1 placed I see a significant voltage drop between VBAT and VBUS.

For example, for a battery of 3.7V I see a drop of about ~0.7V.

Is this diode strictly necessary?

Thanks,