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Takeda Completes Nycomed Acquisition, Appoints CEO

Morich to lead growth efforts

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Takeda Pharmaceutical Co. Ltd. has completed its acquisition of Nycomed A/S for 9.6 billion Euro, making Nycomed a wholly owned subsidiary of Takeda. Dr. Frank Morich has been named chief executive officer of Nycomed in addition to his current role as executive vice president, International Operations (Americas/Europe). The transaction is part of Takeda’s growth strategy. Nycomed adds significant business infrastructure in Europe and emerging markets, enhancing Takeda’s regulatory d...

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