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Celltrion to divest prescription drugs acquired from Takeda

By Kim, Jin-Gu | translator Kim, Jung-Ju

24.01.02 11:10:06

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To sell business rights, excluding domestic business rights, for 210 billion won to Singapore-based CBC Group.

¡°OTC drugs business rights¡¯ will be sold separately¡¦¡±in finalizing negotiations with another company¡±

In 2020, Celltrion acquired the primary care business rights of Takeda Pharmaceutical for 310 billion won.

 ¡ã(Credit: Celltrion)


The Celltrion group is selling divestiture of primary care business rights in the Asia-Pacific region acquired from Takeda Pharmaceutical in 2020.

Among the business rights acquired from the previous deal, Celltrion group will initiate the sales of business rights for prescription drugs, excluding those intended for the domestic market. They will also engage in separate negotiations with a different company for the business rights related to the over-the-counter (OTC) drugs.

Celltrion group announced on the 2nd that the company will sign a contract to divest the primary care business rights in the Asia-Pacific region, which it acquired from Takeda Pharmaceutical.

Kim, Jin-Gu(kjg@dailypharm.com)
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