Takeda’s Axcelead Drug Discovery begins operations — 3 key notes

Takeda Pharmaceutical’s Axcelead Drug Discovery Partners officially began operating on May 15, The Pharma Letter reports.

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Here’s what you should know:

1. Takeda transferred a portion of its research business to the newly formed company.

2. Axcelead will combine Takeda’s drug discovery knowledge with its research facilities “to offer high-value drug discovery services.”

3. Axcelead will support Takeda’s group business efforts, but will also support other pharmaceutical companies, biotechnology ventures and research institutions.

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