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Takeda Gains Access To European OTC Market With $13.7B Nycomed Buy

This article was originally published in The Tan Sheet

Executive Summary

Japanese pharma giant Takeda Pharmaceuticals Co. Ltd. gains access to the European OTC market with its $13.7 billion purchase of Swiss firm Nycomed AS.

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Japan's Takeda Reportedly Offering $12B For Europe's Nycomed

The deal, if confirmed, would boost Takeda's European and emerging markets presence, providing an additional €3.2 billion in revenues to help offset forthcoming patent expiries.

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