Forest Acquires U.S. Rights To Nycomed's Oral COPD Drug Daxas
This article was originally published in The Pink Sheet Daily
Executive SummaryAfter long development haul, PDE-4 inhibitor finally gets adopted by a commercial parent, ahead of approval.
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With the acquisition of Nycomed, Takeda’s long-standing strategy for becoming a world-class pharma has come into focus. The company spent much of the past decade building up its pipeline, globalizing R&D and importing Western staff, assets, platforms and processes. It also began a hectic period of M&A unparalleled among Japanese companies, culminating in 2011 with its acquisition of Nycomed. Now its focus will need to shift from big acquisitions and organizational makeover to execution.