Takeda starts to assemble a list of products it plans to auction off after Shire buyout — report
First comes the big M&A deal. Then comes the product sales to help pay for it.
Bloomberg this morning reports that Takeda is already considering what it wants to put up for sale, ahead of closing on its $62 billion Shire buyout. And ophthalmology — a group near and dear to the heart of Shire CEO Flemming Ornskov — looks like it’s headed for the auction block.
The dry eye therapy Xiidra (lifitegrast), one of the potential blockbuster drugs that Ornskov steered to an approval in 2016, is on the list of possible divestments, sources tell the business news group. And Natpara — sold to treat low blood calcium associated with decreased parathyroid hormone — is also on the list.
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