October 1, 2010
Takeda Pharmaceutical Company Limited
October 1, 2010, Osaka, Japan --- Takeda Pharmaceutical Company Limited (“Takeda”) today announced its basic plan with medium- to long-term strategies for business expansion to India, including those for a variety of functions such as sales & marketing, research, development, CMC(*), manufacturing and IT.
Takeda positions the period covered by the 2010-2012 Mid-Range Plan as a time of transformation for Takeda in order to ensure sustainable growth for the future, with the Vision of focusing on Innovation, Culture, and Growth. The basic plan consists of the strategies for expanding the Takeda group’s presence in India which is and will be one of the fastest growing pharmaceutical markets. At the same time, Takeda will pursue innovation, productivity and cost-effectiveness as a whole within Takeda group, by leveraging world-class capabilities at competitive costs in research, development, CMC, toll-manufacturing services, and IT services that India offers. The company will implement these strategies steadily, which is expected to contribute to the accomplishment of the Mid-Range Plan and transformation into a New Takeda.
Summary of strategies
Concrete strategies to be implemented gradually starting this October in each function.
Takeda will establish a legal entity in Mumbai by January 2011 in order to support the above strategies by; ensuring immediate access to updated information on the Indian market and environment surrounding it including laws and regulations, promoting alliances with local companies, and also the outsourcing processes of each function aforementioned.
(*) CMC: Chemistry, Manufacturing and Control
CMC research entails a comprehensive approach to supporting pharmaceutical manufacturing and quality control. It includes devising pharmaceutical manufacturing methods and planning formulations, manufacturing and packaging, as well as determining analysis and assessment methods.
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 strive towards better health for patients worldwide through leading innovation in medicine. Additional information about Takeda is available through its corporate website, www.takeda.com.