Takeda promises more cost savings from Shire acquisition

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

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

JADA NAGUMO, Nikkei staff writer

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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