Takeda CEO vows to fix balance sheet within 5 years

Japanese drugmaker will consolidate US operations after Shire purchase, Weber says

20181206N Takeda researchers

Takeda aims to reduce its debt load by tapping synergies from the acquisition.

NORIYUKI TAKADA, Nikkei staff writer

TOKYO -- Takeda Pharmaceutical aims to restore health to its balance sheet within five years after taking on hefty debt to finance the $58 billion-plus purchase of Ireland's Shire, Takeda's CEO told Nikkei on Nov. 6.

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