Takeda expands in Brazil with Multilab buy

Takeda has agreed to pay up to Real540 million ($270 million) for the Brazilian company Multilab Indústria e Comércio de Produtos Farmacêuticos, expanding its reach in an important emerging market and also into the branded generics segment in the country.

Takeda has agreed to pay up to Real540 million ($270 million) for the Brazilian company Multilab Indústria e Comércio de Produtos Farmacêuticos, expanding its reach in an important emerging market and also into the branded generics segment in the country.

The transaction will be routed through the Japanese firm's existing wholly owned Brazilian subsidiary and is expected to be finalised...

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