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Takeda's Pipeline Cleanup Leads to Layoffs and Program Cuts.

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Source: Endpoints News
Takeda's Pipeline Cleanup Leads to Layoffs and Program Cuts.
Photo: Endpoints News
TL;DR

Takeda is ending its seven-year partnership with Theravance and cutting a partnered Crohn's program after a Phase IIb failure. The company is also cutting seven clinical trials for various diseases and cancers and plans to lay off over 180 workers.

Topics:businesspharmaceuticals#clinical-trials#crohns#layoffs#pharmaceuticals#takeda#theravance
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  1. Takeda winds down Theravance pact, culls partnered Crohn's program after PhII flops  Endpoints News
  2. Takeda cuts 2 midstage GI assets in latest pipeline cleanup  FierceBiotech
  3. Takeda's R&D refocus results in up to 186 layoffs in US  FierceBiotech

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