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Teva Shifts Strategy In Japan

Teva Takeda Divests To Nichi-Iko; Focuses On Complex Generics And Specialty

 
• By Dave Wallace

Teva has announced a major strategic shift in Japan, with its Teva Takeda Pharma joint venture striking a deal to divest the majority of its traditional generics business to Nichi-Iko so that it can focus instead on complex generics and specialty products.

Japan
Teva has shifted its focus in Japan • Source: Shutterstock

Teva has announced a major strategic shift in Japan, involving plans to change the focus of its joint business venture with Takeda and divest a significant chunk of the unit’s generics business to Nichi-Iko.

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