Takeda to Establish Four Sales and Marketing Subsidiaries to Expand Its Operations in Mexico, Turkey and Five Other Countries in Europe

Thu Oct 1, 2009 3:10am EDT
 
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Takeda to Establish Four Sales and Marketing Subsidiaries to Expand Its
Operations in Mexico, Turkey and Five Other Countries in Europe





OSAKA, Japan, Oct. 1 /PRNewswire/ -- Takeda Pharmaceutical Company Limited
(Osaka, Japan, "Takeda") announced today it will establish four new commercial
subsidiaries covering Mexico, Turkey, Sweden, Norway, Denmark, Belgium and
Luxembourg. The new subsidiaries - Takeda Pharmaceuticals Mexico, S.A. de
C.V., Takeda Pharmaceuticals Trade, LLP (Turkey), Takeda Pharmaceuticals
Nordics AB (Sweden), and Takeda Pharmaceuticals Benelux SPRL (Belgium) - are
part of Takeda's strategic global expansion efforts.


"Takeda has a significant opportunity to expand our presence in Mexico, Europe
and other priority markets," said Alan MacKenzie, Executive Vice President
(EVP) International Operations, Takeda Pharmaceuticals International, Inc.
"Executing our territory expansion strategy is an important step toward
further globalizing our operations and enhancing our ability to bring
important medicines to patients who need them."


The Mexican pharmaceutical market is the 12th largest in the world and
accounts for approximately 25 percent of the pharmaceutical sales throughout
Latin America. The population in Mexico is increasing, and access to
healthcare continues to grow, with the market increasing faster than in the
United States and Europe, making it a key region for Takeda's expansion.


Nordics and Benelux are strategically important regions in Europe - Norway,
Sweden, Denmark, Belgium and Luxembourg have a combined pharmaceutical market
size which accounts for five percent of the European pharmaceutical market.
Following the buy-back of Actos® (pioglitazone) in October 2008, Takeda will
be distributing Actos in the five countries. The creation of these commercial
subsidiaries will further increase Takeda's reach in the regions.


The Turkish pharmaceutical market is one of the largest global pharmaceutical
markets, ranked sixth in Europe and 13th worldwide with the fastest forecasted
growth rate in Europe over the next five years. Takeda also recently
re-acquired the rights to Actos in this market, providing the business with a
strong product with which to enter the market.


Overall, the new subsidiaries will accelerate Takeda's expansion efforts for
core products including Actos and reinforces Takeda's global operating
infrastructure. The company will work toward the earliest possible approval
and launch of new products in these regions. Takeda's presence in these seven
new countries builds upon other expansions announced in 2009 including
commercial operations in Spain, Portugal, Ireland, and Canada.


About Takeda Pharmaceutical Company Limited
Located in Osaka, Japan, Takeda is a research-based global company with its
main focus on pharmaceuticals. As the largest pharmaceutical company in Japan
and one of the global leaders of the industry, Takeda is committed to striving
toward better health for individuals and progress in medicine by developing
superior pharmaceutical products. Takeda is enhancing its R&D pipeline by
concentrating its management resources in the following selected core
therapeutic areas: lifestyle-related diseases, oncology and urological
diseases (including gynecology), central nervous system diseases (including
bone and joint disorders), and gastroenterological diseases. For more
information, please visit http://www.takeda.com/.


About Takeda Pharmaceuticals Mexico, S.A. de C.V.
    Name:           Takeda Pharmaceuticals Mexico, S.A. de C.V.
    Location:      Mexico city, Mexico
    Established:  October 2009



About Takeda Pharmaceuticals Nordics AB
    Name:           Takeda Pharmaceuticals Nordics AB
    Location:      Sweden
    Established:  October 2009



About Takeda Pharmaceuticals Benelux SPRL
    Name:           Takeda Pharmaceuticals Benelux SPRL
    Location:      Belgium
    Established:  October 2009



About Takeda Pharmaceuticals Trade, LLP
    Name:           Takeda Pharmaceuticals Trade, LLP
    Location:      Istanbul, Turkey
    Established:  October 2009







SOURCE  Takeda Pharmaceutical Company Limited

Seizo Masuda of Takeda Pharmaceutical Company Limited, +81-3-3278-2037
(Office), or Angela Bechan of Takeda Pharmaceuticals North America, Inc.,
+1-224-554-5467

 

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