Friday 16 November 2018

Takeda, Hikma in new licensing pact for Mena

DUBAI, August 17, 2017

Takeda Pharmaceuticals International, a global research company, and Hikma Pharmaceuticals, a fast growing multinational, have agreed to a new licensing agreement, expanding access to Takeda’s products in certain Mena markets.

“At Takeda, we put patients at the centre of everything we do. As such, our partnership with Hikma is a testament of our commitment to offer patients world-class cardiovascular and metabolism (CVM) medicines while keeping focus on our core therapeutic areas of oncology and gastroenterology,” said Danilo Cassani, Takeda’s vice president and area head Near East and Mena. “This will help better serve the unmet medical needs of patients.”

Mazen Darwazah, vice chairman and CEO of Hikma Mena and Emerging Markets, said: “Our large sales and marketing teams, with particular expertise in promoting cardiovascular and diabetes treatments, are well positioned to drive strong patient access to Takeda’s products.

“We are pleased to be building on our long history of partnering with Takeda to bring important medicines to the Mena region.  This supports our strategy of working with global partners to strengthen our product portfolio in growing therapeutic areas and our commitment to improving patient access to quality medicines.”

The new agreement builds on a long-standing strategic partnership between Hikma and Takeda.  The relationship leverages Hikma’s substantial sales and manufacturing presence in Mena and extensive experience of building brands in the region, a statement said. – TradeArabia News Service

Tags: Pharmaceutical | licensing | Hikma | Takeda |

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