Further structural changes as Takeda focuses R&D strategy
Japanese drugmaker Takeda Pharmaceutical (TSE: 4502) has announced that it has hived off part of its pharmaceutical R&D business to form a new wholly-owned subsidiary.
In addition, the company has finished a deal to transfer part of its pharmaceutical sciences businesses to privately-held Bushu Pharmaceuticals.
Takeda says the purpose of the structural reorganization is to accelerate changes to its research and development (R&D) program, by focusing on three key therapeutic areas – oncology, gastroenterology and central nervous system, plus vaccines.
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