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.

Related Posts Plugin for WordPress, Blogger...

同じカテゴリーの記事 

  • Seoul Viosys’ Violeds Modules Proven to Disinfect 99% of Airborne Viruses in a Recent Testing Result
  • Kaye® (ケイ)は、COVID-19ワクチンの輸送・保管のニーズに応えるためにKaye® ログ -80ワクチン温度ロガーを、コールドチェーン市場向けに導入(発売)します。
  • Aurinia Announces Collaboration and Licensing Agreement with Otsuka Pharmaceutical Co., Ltd. for the Development and Commercialization of Voclosporin in Europe and Japan
  • Kaye推出适用于冷链运输市场的Kaye® Log -80℃ 疫苗温度记录器,以满足COVID-19疫苗储存和运输的要求
  • DNP的新型非接触式透明屏幕可通过手的动作进行操作