Can you cut $600M in R&D costs without slash-and-burn tactics? Andy Plump aims to show us how
Big biopharma mergers have been out of favor in the industry for close to a decade now, soured by the large scale destruction that attended deals like the 2009 Wyeth buyout by Pfizer, which was followed by slash and burn tactics that played havoc with research teams.
Now, years after the bolt-on acquisition became a standard feature at the largest biopharmas, which largely swore off major mergers, Takeda’s executive team has set a goal for itself to see if a 237-year-old biopharma company based in Japan can integrate two large research groups into a single global network focused heavily in the Cambridge/Boston hub — and use the bigger operation to catapult them into the league of global heavyweights.
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