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Companies / Japan

Takeda Acquires Rights To Amgen Drugs

February 2008 | Company News Alert

Japanese firm Takeda is to develop and commercialise up to 13 molecules from US-based Amgen's pipeline for its domestic market. Amgen will receive US$200mn upfront, US$702mn in milestone payments and double-digit royalties on sales. Ownership of Amgen's subsidiary in Japan will be also transferred to Takeda.

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