Takeda to Acquire LigoCyte Pharmaceuticals, Inc.

Gains First-in-Class Norovirus Vaccine Candidate and Virus-Like Particle Platform,

Advancing Takeda’s Commitment to Vaccines and Global Public Health

 

Osaka, Japan, Oct. 5, 2012, Deerfield, Ill. and Bozeman, Mont., Oct. 4, 2012, – Takeda Pharmaceutical

Company Limited (Takeda) and LigoCyte Pharmaceuticals, Inc. jointly announced today that Takeda’s

wholly-owned subsidiary, Takeda America Holdings, Inc. and LigoCyte Pharmaceuticals, Inc. have entered into a definitive agreement for Takeda to acquire LigoCyte for an upfront payment of $60 million, with future contingent consideration based on the progress of development projects. LigoCyte is a privately-held biopharmaceutical company specializing in innovative vaccine products headquartered in Bozeman, Montana.

 

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