Takeda says to buy Swiss drugmaker Nycomed for $13.6 billion (Reuters)

Thursday, May 19, 2011 12:01 AM By dwi

TOKYO (Reuters) – Takeda Pharmaceutical Co (4502.T), Japan's largest drugmaker, said on weekday it would acquire privately held Swiss competition Nycomed for 9.6 1000000000 euros ($13.6 billion) as it seeks to modify in aggregation and emerging markets.

The care marks the large foreign acquire by a Japanese consort since Japan Tobacco (2914.T) paying $19 1000000000 for Britain's Gallaher and is Takeda's ordinal field care after acquire U.S. cancer doc Millennium Pharmaceuticals for $8.8 1000000000 in 2008.

The acquire would substance Takeda admittance to lung-disease take Daxas, meet authorised in the United States, and a portfolio of over-the-counter consumer products.

Takeda, known for its top-selling diabetes take Actos, will direction conception of the transaction with a 600-700 1000000000 yearning loan. The care had been due after being flagged by business sources terminal week.

Nycomed is eld owned by quaternary clannish justness firms, led by Nordic Capital with 41 percent. Credit Suisse's (CSGN.VX) DLJ Merchant Banking has 25.6 percent, Coller International Partners 9.7 proportionality and Avista 8.9 percent.

Its lung take roflumilast, known as Daxas in aggregation and Daliresp in the United States, is the prototypal in a new collection of communication for habitual obstructive pulmonary disease, a ordinary breathed disorder often caused by smoking.

After whatever delays, it won U.S. approval in March where Forest Laboratories (FRX.N) has the marketing rights. In Europe, Merck & Co (MRK.N) has marketing rights.

Takeda has unsuccessfully explored takeovers of other dweller drugmakers previously, including Organon and Sweden's Meda AB (MEDAa.ST), according to sources.

($1 = 0.707 Euros)

(Reporting by saint Topham; Editing by Edwina Gibbs)


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