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08 Dec 09

Takeda to Continue Strategic Expansion with Operations in Brazil

02 Dec 09

Takeda Pharmaceutical Company Limited (Osaka, Japan, “Takeda”) announced today it will establish a new commercial subsidiary in Brazil. The new subsidiary represents the 12th new strategic expansion since January 2009 including Canada, Spain, Portugal, Ireland, Mexico, Sweden, Norway, Denmark, Belgium, Luxembourg and Turkey.

“Combined with Takeda’s additional recent expansions, this opportunity will drive Takeda’s ability to maximize the potential of our pipeline in Brazil,” said Alan MacKenzie, Executive Vice President (EVP) International Operations, Takeda Pharmaceuticals International, Inc. “Brazil is an important country in the Latin American region for Takeda to ensure we are providing our products where patients need them.”

Brazil is the largest country in Latin America with a population of approximately 196 million people. The Brazilian pharmaceutical market accounts for more than 40 percent of the pharmaceutical sales throughout Latin America and is forecasted to grow by 8.5 percent every year until the year 2013.

The new subsidiary will import and commercialize Takeda products for the Brazil market. Upon establishment, Takeda will build the infrastructure necessary for success in the Brazilian pharmaceutical market.

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