Takeda Closing In Again On Valeant Assets?

Takeda and Valeant are rumored to have restarted talks over some form of potential deal, this time reportedly focusing on a possible offer by the Japanese firm for Valeant's gastrointestinal business unit Salix.

Takeda Pharmaceutical Co. Ltd. appears to be circling round Valeant Pharmaceuticals International Inc.'s gastrointestinal (GI) business unit Salix Pharmaceuticals Ltd. in a potential bid to expand its core strategic business in the sector amid strong global growth for its Crohn's disease and ulcerative colitis therapy Entyvio (vedolizumab).

The renewed prospect of a deal, first reported in The Wall Street Journal and subsequently in a number of mass...

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