Japanese Takeda Pharmaceutical Firm Plans to Expand in Saudi Arabia
- Date: 06-May-2021
- Source: Al Bawaba
- Sector:Economy
- Country:Saudi Arabia
Japanese Takeda Pharmaceutical Firm Plans to Expand in Saudi Arabia
The Tokyo-headquartered company has placed its focus on providing products to the Kingdom in areas such as oncology, rare diseases, gastroenterology, and plasma-derived therapies.
Rodrigo Rodriguez, Takeda’s general manager for the Middle East, told Arab News: “From 2021 on, we expect growth in the Kingdom driven by these highly innovative inline products and the launches that we anticipate in key therapeutic areas.â€
Over the next two years, the research-based firm plans to launch five new products in Saudi Arabia: Adynovate for the blood-clotting disorder hemophilia; Firazyr for acute attacks of hereditary angioedema (HAE), an allergic reaction resulting in skin swelling; HyQvia, which helps boost the immune system; and two other drugs for the treatment of rare and serious types of cancer.