Takeda acquires vaccine maker LigoCyte; signs multi-drug discovery deal with Advinus

5 October 2012

Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) says it is to acquire privately-held US vaccine producer LigoCyte Pharmaceuticals for an upfront payment of $60 million, with future contingent consideration based on the progress of development projects. LigoCyte lead product is a vaccine to prevent norovirus gastroenteritis which is in Phase I/II of clinical development.

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