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20 May 2011

Takeda to Acquire Nycomed for $13.7B

Nycomed's significant business infrastructure in Europe and high-growth emerging markets are expected to enhance Takeda's regulatory development expertise and commercialization capability.

Japan's Takeda Pharmaceutical Co. Ltd. has reached an agreement to acquire Swiss-based Nycomed for $13.7 billion. The transaction is expected to be completed within 90 to 120 days, making it a wholly owned subsidiary of Takeda. The purchase would exclude Nycomed's U.S. dermatology business.

 

Nycomed, headquartered in Zurich, Switzerland, has a diversified product portfolio of both established prescription and OTC products. Its significant business infrastructure in Europe and high-growth emerging markets are expected to enhance Takeda's regulatory development expertise and commercialization capability.

 

The acquisition includes the roflumilast franchise (Daxas in Europe), a treatment for chronic obstructive pulmonary disease (COPD), which is expected to be a major

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