Takeda sells non-core primary care assets for over $200 million
Japan’s largest drugmaker Takeda (TYO: 4502) has agreed to sell a portfolio of around 30 select prescription pharmaceutical and over-the-counter (OTC) products sold in the NEMEA region to Acino Pharma (SIX: ACIN), a Swiss pharmaceutical company headquartered in Zurich, with a clear focus on selected markets in the Middle East, Africa, the CIS Region, and Latin America, for a total value in excess of $200 million.
The following key countries are included in the agreement: Egypt, Saudi Arabia, South Africa, Turkey, Ukraine and United Arab Emirates, as well as other countries.
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