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Takeda Poised To Move Into Pharma Top 10 With Shire Combination

 
• By Kevin Grogan

Takeda is clearly keen on Shire's rare disease therapies, but the future of the ophthalmology business, and notably the dry eye drug Xiidra, is less certain. The shutters may close on Shire's headquarters in Ireland as well. 

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Shire will climb into the pharma top 10 with Takeda deal • Source: Shutterstock

With Shire PLC management finally recommending a $62.4bn offer from Takeda Pharmaceutical Co. Ltd., the Japanese pharma is poised to move into the top 10 pharmaceutical companies club.

The combined company will have roughly $30bn in revenues, based on 2017 sales, leapfrogging Takeda into the top pharma rankings...

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