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Takeda Pharmaceutical Co., Asia’s biggest drugmaker, said it plans to start a global vaccine business on Jan. 1.

Takeda will pursue business opportunities, including alliances, to support the expansion of its vaccine business, the Osaka-based company said in a statement on its website Monday.

Rajeev Venkayya, a director at the Bill & Melinda Gates Foundation, will lead the new division, Takeda said.

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