takeda, shire announcement

January 7, 2019

Takeda focuses its R&D efforts on oncology, gastroenterology and neuroscience therapeutic areas plus vaccines.

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Copyright 1995-2020 Takeda Pharmaceutical Company Limited. Shire notes the announcement made by Takeda. The merge has created a a global, value-based, R&D-driven biopharmaceutical leader headquartered in Japan, making the 237-year-old drug company one of the world’s ten biggest pharmaceutical companies. Better Health, Brighter Future. The announcements are supplied by the denoted source. By using this site, you agree to use the content for private use only.Please confirm that you are a private investor using the buttons below.The company news service from the London Stock ExchangeWe have updated our Privacy and Cookie Policy.

Global Ethics & Compliance / Global Code of ConductWe will become a global, values-based, R&D-driven, biopharmaceutical leaderA selection of stories related to Innovation, Caring and HeritageHarnessing the power of people to transform health careImproving access to healthcare in remote communitiesTakeda is committed to addressing the world’s biggest challenges to sustainable development over the long term. Better Health, Brighter Future.

1/9/2019 When Takeda emerged as the only real bidder there were then questions about what it would have to do to get Shire shareholders to accept its offer.

Harnessing the power of people to transform health care Takeda has completed its £46 billion-acquisition of Shire, a deal that took just eight months to see through from announcement to close.The merge has created a a global, value-based, R&D-driven biopharmaceutical leader headquartered in Japan, making the 237-year-old drug company one of the world’s ten biggest pharmaceutical companies.Shares have dropped around 20% since the deal was first acknowledged in April, but rose 2% on Tuesday after the confirmation of the deal’s closure in a statement.The newly-created pharma giant, finished months ahead of schedule, will be focused on four therapeutic areas of oncology, gastroenterology, neuroscience, rare diseases and plasma-derived therapies.Takeda announced the deal in May 2018 to buy the firm, after having its merger proposals previously turned down four times by Shire, and then at least 88% of Takeda shareholder votes backed the proposal in December 2018.Christophe Weber, president and chief executive officer of Takeda, said: ”We are delighted that the acquisition was approved by an overwhelming majority of our shareholders at Takeda's extraordinary general meeting on December 5th, 2018.

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takeda, shire announcement

takeda, shire announcement

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