Russian drugmaker R-Pharm is considering acquiring the manufacturing facility of Japanese pharma giant Takeda (TYO: 4502) located in Yaroslavl, Russia, The Pharma Letters local correspondent reports.
According to the Russian Vedomosti business paper, citing on its sources close to the companies, negotiations are currently underway. Takeda wants to sell the plant due to sanction restrictions due to Russia’s military action in Ukraine, but it does not plan to completely leave Russia.
The plant itself was launched back in 2013, with its capacity at 90 million ampoules and more than 3 billion tablets per year. It produces drugs for the treatment of oncological, gastroenterological, neurological and rare diseases.
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