18 Facts About Takeda Pharmaceutical

1.

Takeda Pharmaceutical is focused on metabolic disorders, gastroenterology, neurology, inflammation, as well as oncology through its independent subsidiary, Takeda Oncology.

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2.

In February 2005, Takeda Pharmaceutical acquired San Diego, California, based Syrrx, a company specializing in high-throughput X-ray crystallography, for US$270 million.

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3.

In February 2008, Takeda Pharmaceutical acquired the Japanese operations of Amgen and rights to a dozen of the California biotechnology company's pipeline candidates for the Japanese market.

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4.

In May 2012, Takeda purchased Brazilian pharmaceutical company Multilab for R$540 million.

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5.

In September 2014, Takeda Pharmaceutical announced it would team up with BioMotiv to identify and develop new compounds over a five-year period, worth approximately US$25 million.

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6.

On 30 September 2014, Takeda Pharmaceutical announced it would expand a collaboration with MacroGenics, valued up to US$1.

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7.

In 2015, Takeda Pharmaceutical sold its respiratory drugs business to AstraZeneca for $575 million, which included roflumilast and ciclesonide.

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8.

In January 2020, Takeda Pharmaceutical announced a research partnership with the Massachusetts Institute of Technology to advance discoveries in artificial intelligence and health.

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9.

In March 2020, Takeda announced that it has entered into an exclusive agreement to divest a portfolio of non-core products in Latin America to Hypera S A for a total value of $825 million.

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10.

In 1977, Takeda first entered the U S pharmaceutical market by developing a joint venture with Abbott Laboratories called TAP Pharmaceuticals.

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11.

In May 2019, Takeda Pharmaceutical sold its Xiidra dry-eye drug business to Novartis for $5.

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12.

In November 2019, Takeda Pharmaceutical entered an agreement to sell its over-the-counter and prescription drugs businesses in Russia, Georgia, Armenia, Azerbaijan, Belarus, Kazakhstan, and Uzbekistan to Stada Arzneimittel for $660 million.

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13.

In June 2020, Takeda Pharmaceutical announced that it was divesting 18 over-the-counter and prescription drugs marketed in the Asia-Pacific region to South Korea's Celltrion in a deal worth $278 million.

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14.

Takeda Pharmaceutical operates two primary bases in Japan in Osaka and Tokyo.

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15.

Takeda Pharmaceutical maintains research and development sites in Japan, the United States, the United Kingdom and Singapore, with manufacturing facilities across the globe.

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16.

Takeda Pharmaceutical said the decision is expected to resolve the “vast majority” of these cases.

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17.

In 2014, a plaintiff was awarded $9 billion in punitive damages after a federal court found Takeda Pharmaceutical hid the cancer risks of their diabetes medicine, but the amount was later reduced to $26 million by a judge who deemed the charge excessive.

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18.

Takeda Pharmaceutical is a corporate partner of Human Rights Campaign, a large LGBT advocacy organization.

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