Pharma Focus Asia
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Japan-based Takeda Pharmaceutical invests $25m in drug discovery firm BioMotiv

Introduction

BioMotiv and Takeda Pharmaceutical Company has entered into Strategic Partnership,where Takeda has made a initial investment of $25million in BioMotiv.

Features

This partnership will leverage the strengths of both organizations to identify and develop pioneering medical innovations.

The $25 million investment includes exclusive rights relating to programs sourced by BioMotiv specifically in the therapeutic areas of Immunology & Inflammation and Cardio-metabolic Diseases.

Specifications Table:

  • Company Name
  • Takeda Pharmaceutical
  • Company Invested In
  • BioMotiv
  • Location
  • Cleveland, Ohio
  • Date of Completion
  • 2019
  • Estimated Cost
  • $25 million
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