Japan's biggest drug maker Takeda Pharmaceutical to move R&D base to Chicago area

[Coventina]

Source: Los Angeles Times

TOKYO (AP) — Takeda Pharmaceutical Co., Japan's biggest drug maker, will move its global research and development headquarters across the Pacific to Illinois, the company said Tuesday.

The shift is part of Takeda's midterm plan, through which it seeks to boost its global operations and introduce new products ahead of the 2011 patent expiration of its hit diabetes drug Actos.

The R&D transfer from Osaka, western Japan to its facility in Deerfield, Ill. will be completed by July 1, the company said.

"Takeda is making meaningful changes in structure and governance through this reorganization ... which we believe will further strengthen our global operations structure," said President Yasuchika Hasegawa in a statement.


Read more: http://www.latimes.com/business/nationworld/wire/sns-ap-as-japan-us-takeda,0,6440245.story

[panader0]

1. Jobs outsourced to US--there's a change

[damntexdem]

4. Oh, outsourcing to a backward nation is nothing new.

And I'm sure that's how the Japanese see it.

[tomm2thumbs]

2. big K&R - surprisingly good I think

as long as it isn't because there are a lot of hungry people who will be eager to have drugs tested on them for little money. <i'm kidding> It is great news for an industry that is no doubt going to be a big part of the health care update

[crikkett]

3. or runoff into the great lakes

(kidding!)