Takeda Pharmaceutical is splitting off part of its business. The company announced it is transferring a part of its Takeda Development Center Japan to a new subsidiary, which will be in partnership with United Kingdom-based Pharm Research Associates.

In Tuesday’s conference call, Indianapolis-based Eli Lilly & Co. (LLY) indicated it is splitting its animal health drugs manufacturing facilities from its human drug manufacturing plants.   Bloomberg Business speculates that this is a move that might eventually lead to spinning off the division. For the moment, however, company representatives insist that the rationale is […]

Allergan Plc (AGN.N) is considering a breakup of the company into two businesses, a person familiar with the matter told Reuters on Friday, potentially adding the botox-maker to a list of large drugmakers realigning themselves to focus on specific areas of their businesses. Allergan is considering keeping its branded drugs business but spinning off or […]