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Business

Takeda Continues Push Into Vaccines

by Michael McCoy
May 13, 2013 | APPEARED IN VOLUME 91, ISSUE 19

Japan’s Takeda Pharmaceutical has agreed to acquire Inviragen, a Fort Collins, Colo.-based vaccine developer, for $35 million plus future payments of up to $215 million. Inviragen’s lead candidate, now in Phase II clinical trials, is a four-strain recombinant viral vaccine for the prevention of dengue fever, a mosquito-borne illness. Building on a Japanese vaccine business, Takeda launched a global vaccine division in January 2012. Later that year it acquired LigoCyte Pharmaceuticals and its norovirus vaccine candidate.

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