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Takeda Gets Serious About Regen Medicine With TiGenix Buy

 
• By Lucie Ellis-Taitt

Takeda will acquire its Belgian biotech partner, TiGenix, to strengthen its gastro-intestinal portfolio, bolster its regenerative medicines capacity and grow its US specialty care presence.

Takeda Pharmaceutical Co. Ltd. has bid €520m ($630m) to acquire Belgian biotech TiGenix NV , a company that is about to gain European approval of a cell-based treatment for complex perianal fistula in patients with Crohn's disease.

The acquisition fits with Takeda's previously stated plans to expand its portfolio of products in late-stage development in priority fields. TiGenix's Alofisel (darvadstrocel; Cx601) will add to Takeda's gastroenterology pipeline...

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