Japan takes aim at ballooning drug prices as costs strain health budget

Feb 8, 2016

Japan takes aim at ballooning drug prices as costs strain health budget

When two of the world's biggest pharmaceutical companies announced a tie-up in Japan, its $78 billion drug industry took note. In November, the nation's largest drugmaker, Takeda Pharmaceutical Co., said it'd separate its off-patent products and share its extensive domestic distribution network with Israel's Teva ...

U.S. jury orders Takeda to pay $6 billion over Actos diabetes drug

Apr 8, 2014

U.S. jury orders Takeda to pay $6 billion over Actos diabetes drug

A jury in Louisiana on Monday ordered Takeda Pharmaceutical Co. to pay $6 billion in punitive damages, acknowledging that Japan's largest drugmaker concealed the risks of cancer associated with its diabetes drug Actos, according to Takeda and U.S. media reports. In the case, Terrence Allen, ...