Takeda Establishes Takeda Pharmaceuticals Mexico, S.A. de C.V. Expanding Presence in North America

Tue Nov 3, 2009 10:00am EST
 
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Takeda Establishes Takeda Pharmaceuticals Mexico, S.A. de C.V.  Expanding
Presence in North America
Company to be based in Mexico City




DEERFIELD, Ill., Nov. 3 /PRNewswire/ -- Takeda Pharmaceuticals North America,
Inc., today announced the incorporation of Takeda Pharmaceuticals Mexico, S.A.
de C.V. This expansion strengthens the company's North American presence,
bolstering existing operations in the United States and Canada. Takeda
Pharmaceuticals Mexico will be headquartered in Mexico City.

The Mexican pharmaceutical market is currently the 12th largest in the world
and represents more than 25 percent of the Latin American market.
Additionally, the prevalence of diabetes in Mexico is among the highest in the
world. 

"With a population of 109 million people, Mexico represents an important
expansion opportunity for Takeda," said Shinji Honda, President and Chief
Executive Officer, Takeda Pharmaceuticals North America, Inc. "The needs of
patients in Mexico fit well with our product portfolio, so we are excited to
bring important medicines to this vital region."

Takeda Mexico plans to file a new drug application with the Federal Commission
for the Protection against Sanitary Risk (COFEPRIS) in 2010. Takeda focuses on
a variety of therapeutic areas, including lifestyle-related diseases, oncology
and urological diseases, central nervous system diseases, and
gastroenterological diseases. 

"For us, it is a pleasure that Takeda has chosen Mexico to start operations,"
said Bruno Ferrari, Chief Executive Officer of ProMexico, Mexico's Federal
Government entity responsible for bringing direct foreign investment into
Mexico as well as to support the country's foreign trade. "Takeda's experience
is of great importance not only because of the company's contributions to
Mexico's health system, but also the jobs that will be brought to Mexico's
qualified labor force."

Takeda Pharmaceuticals North America, Inc. and Takeda Global Research &
Development Center, Inc.

Based in Deerfield, Ill., Takeda Pharmaceuticals North America, Inc., and
Takeda Global Research & Development Center, Inc., are subsidiaries of Takeda
Pharmaceutical Company Limited, the largest pharmaceutical company in Japan.
The respective companies currently market oral diabetes, insomnia,
rheumatology and gastroenterology treatments and seek to bring innovative
products to patients through a pipeline that includes compounds in development
for diabetes, cardiovascular disease, gastroenterology, neurology and other
conditions. Takeda is committed to striving toward better health for
individuals and progress in medicine by developing superior pharmaceutical
products. To learn more about these Takeda companies, visit www.tpna.com.


SOURCE  Takeda Pharmaceuticals North America, Inc.

Sandy Rodriguez of Takeda Pharmaceuticals North America, Inc.,
+1-224-554-5693

 

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