医療従事者の為の最新医療ニュースや様々な情報・ツールを提供する医療総合サイト

Crest View International Comments On Takeda As They Sell Japanese Consumer Health Unit To Blackstone For $2.3 Billion

2020年08月24日 PM07:21
このエントリーをはてなブックマークに追加


 

TAIPEI, Taiwan

Finance executives at respected Taiwanese wealth management company Crest View International has commented on Takeda Pharmaceutical Co. as they agree to sell their Japanese consumer health-care business for $2.3 billion (242 billion yen) to U.S. investment fund, Blackstone Group Inc.

“Takeda is a global manufacturer of over-the-counter (OTC) drugs and health products and according to our researchers, Blackstone is planning to take this business unit public in around five years,” commented Michael Kennedy, Head of Corporate Trading at Crest View International.

Japan’s largest pharmaceuticals company has been attempting to reduce its OTC assets worldwide as it aims to refocus its business and lower debt following its $59 billion acquisition of biopharmaceutical firm Shire.

According to analysts at Crest View International, the unit, which sold for a lower price than anticipated, likely due to Covid-19′s impact on its finances, may benefit from the governments push to curb the costs of health-care, including prescription medicine.

Takeda said proceeds from the sale would boost its net profit by $992 million (105 billion yen). In addition, the Blackstone takeover could also help rejuvenate the selling of household brands such as Alinamin energy drinks and Benza Block cold medication.

“Blackstone is aiming to invest 50 billion yen into the OTC business. It has a three-year strategy to strengthen the business throughout Asia, with networks in China Taiwan and Thailand, and to launch new products based on its already-popular offerings,” commented John Harrison, Head of Wealth Management at Crest View International.

Since Takeda acquired Shire, it has extended its therapy areas to include gastroenterology, oncology, neuroscience, rare diseases and plasma-derived therapies. Its asset sales centred on cutting business lines that are not aligning with these core target areas. In June, Takeda decided to sell a separate portfolio of over-the-counter medication to South Korea’s Celltrion Inc. in a deal worth approximately $278 million, which is subject to certain post-sale conditions.

About Crest View International

Crest View International Limited is a private wealth management company headquartered in Taipei, Taiwan. Crest View International manages over $8.7 billion (USD) on behalf of its clients from around the world.

Related Links
https://www.crestviewcapital.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20200824005286/en/

CONTACT

Mr. Nathan Hu, Head of Research.

Switchboard +886-2-7741-4004 | Email nathan.hu@crestviewcapital.com

34F, No.68 Sec. 5, Zhongxiao East Road, Xinyi Dist., Taipei City, Taiwan.

同じカテゴリーの記事 

  • EMS Kegel Trainer BODYDOCTOR Opens New Era of Health Care Solutions in Global Femcare Market
  • EMSケーゲルトレーナー BODYDOCTOR、Femcareのグローバル市場でK-HEALTH CAREに注目が集まる
  • InnoCare Announces Dosing of First Patient in Clinical Study of the Combination of SHP2 Inhibitor ICP-189 and EGFR Inhibitor Furmonertinib
  • METIS第3相臨床試験で主要評価項目を達成、非小細胞肺がんからの脳転移患者における頭蓋内進行までの期間を統計学的に有意に延長
  • Poxel to Report Its 2023 Annual Results by the End of April 2024