Takeda to sell non-core assets for $200M+ — 3 insights

Takeda reached a deal to sell a number of its over-the-counter and prescription pharmaceutical assets to Swiss pharmaceutical company Acino for more than $200 million.

Advertisement

What you should know:

1. Acino will acquire 30 select prescription pharmaceutical and OTC products. The assets are all located in the Near East, Middle East and Africa markets.

2. Takeda is in the process of selling non-core assets to combat the debt it took on during its acquisition of Shire. Takeda became one of the most indebted drugmakers in the world after it acquired Shire.

3. The companies expect the transactions will close in the fourth quarter of 2019.

More articles on surgery centers:
10 states with the highest year-over-year growth in ASCs
6 hospitals, health systems opening or planning ASCs
ASC payer mix, procedure costs & out-of-pocket expenses — 5 statistics

Advertisement

Next Up in GI & Endoscopy

  • While gastroenterology has historically been a male-dominated specialty, a growing number of women are driving innovation across clinical care, research…

  • Gastroenterologists face rising clinical and operational obstacles as the GI diseases become more prevalent in the U.S. population and reimbursement…

Advertisement

Comments are closed.