Takeda Reaffirms Oncology Goals With $8.8 Billion Millennium Acquisition

Takeda's acquisition of Millennium for $8.8 billion will extend the Japanese drug maker's presence in oncology and help stem the loss of revenues as key drugs go generic. Takeda announced plans to acquire the Cambridge, Mass.-based biotech April 10 for $25 per share, a 53 percent premium over the April 9 closing price