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Takeda Pharmaceutical to Sell Generic JV

Takeda Pharmaceutical to Sell Generic JV

   Tokyo, Dec. 6 (Jiji Press)--Takeda Pharmaceutical Co. said Friday that it will sell all of its 49 pct stake in generic joint venture Teva Takeda Pharma Ltd. to Israeli partner Teva Pharmaceutical Industries Ltd. for about 55 billion yen.
   The transaction is expected to be completed by April 1 next year, subject to regulatory approval, according to the Japanese drugmaker.

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AFP-JIJI PRESS NEWS JOURNAL


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