Article: Takeda launches new U.S. venture

New company will promote diabetes drug

In a tine when mergers and acquisitions are the talk of the pharmaceutical industry, Takeda Pharmaceuticals America Inc. is generating a different kind of market buzz.

The Lincolnshire, IL-based start-up company, a wholly owned subsidiary of Japan-based Takeda Inc., is up and almost running less than one year after its conception. Although its first and only brand name product has yet to receive official Food and Drug Administration marketing approval, the company has already laid the foundation for its staff philosophy and identity. It also announced that, upon FDA approval, it would copromote the product with Indianapolis-based Eli Lilly and Co.

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