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