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Takeda Sheds Products, Employees To Stada In $660m Move

Latest Divestment Will Further Reduce Shire Debt

 
• By Ian Haydock

Takeda offloads more assets as it focuses on core therapeutic areas and innovative drugs, this time a portfolio of products in emerging markets, with around 500 employees also affected.

Takeda
Takeda Sheds More Non-Core Assets • Source: Shutterstock

Takeda Pharmaceutical Co. Ltd. is continuing the strategic shedding of non-core assets, this time through an agreement to divest a portfolio of selected products in emerging markets to Stada Arzneimittel AG for a total value of $660m.

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