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Takeda Discusses Buy Of Torrent Pharma of India

This article was originally published in PharmAsia News

Executive Summary

Japan's Takeda Pharmaceutical is considering a try to acquire Torrent Pharmaceuticals, according to sources. One said talks between the two companies, which included long meetings between Takeda's Chairman Kunio Takeda and Torrent's Sudhir and Samir Mehta, had reached the stage of discussing a price for the Indian drug maker. A Torrent spokesperson denied the merger proceedings. Torrent had been holding similar negotiations with Sun Pharma before Takeda began discussions, but both companies denied they were. (Click here for more
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