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Takeda promises more cost savings from Shire acquisition

Japanese drugmaker forecasts sales jump and lower profit in 'critical' 2019

Pharmaceutical maker Takeda says improvements in its supply chain, sales and marketing, and administrative efficiency will produce greater cost savings than it initially predicted.

TOKYO -- Takeda Pharmaceutical CEO Christophe Weber promised greater cost savings from the company's purchase of Irish drugmaker Shire, lifting the savings target by 43% versus its earlier forecast.

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