Celltrion Strikes $278m Deal With Takeda

Korean Firm Expands In APAC, Small Molecules Via Takeda Asset Buy

Celltrion has bought a portfolio of selected products in the Asia-Pacific region from Takeda, marking a foray into small-molecule drugs.

Celltrion Headquarters
Celltrion Expands In Asia With Takeda Deal

In the latest in a string of post-Shire divestments designed to hone its global focus on core therapeutic areas and innovative products, Takeda Pharmaceutical has reached an agreement to divest a portfolio of 18 selected over-the-counter (OTC) and prescription pharmaceutical products sold exclusively in the Asia-Pacific region to Celltrion.

The major South Korean group, which is now focused mainly on biologics, will pay $266m upfront in cash and up...

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