TOKYO -- Japanese drugmaker Takeda Pharmaceutical said Friday it will divest its generic drug joint venture with Israeli partner Teva Pharmaceutical Industries.
Japanese private equity firm J-Will to take over Teva Takeda Pharma

Takeda Pharmaceutical said it decided to divest its generic drug joint venture due to the evolving environment in Japan's drug industry. (Photo by Kohei Yamada)
TOKYO -- Japanese drugmaker Takeda Pharmaceutical said Friday it will divest its generic drug joint venture with Israeli partner Teva Pharmaceutical Industries.