\nTakeda Pharmaceutical Company Limited (TSE:4502\/NYSE:TAK<\/a>) <\/b>(\u201cTakeda\u201d) today announced a mutual agreement with IDT Biologika GmbH (\u201cIDT\u201d), a contract development and manufacturing organization, to utilize capacity at IDT previously reserved for Takeda\u2019s dengue vaccine candidate (TAK-003) to manufacture the single-shot COVID-19 vaccine developed by the Janssen Pharmaceutical Companies of Johnson & Johnson. At the end of a three-month period, the capacity will be returned to Takeda to resume critical manufacturing for the planned launch of its dengue vaccine, subject to regulatory approvals.\n<\/p>\n
\n\u201cWe are pleased to work with IDT to support Janssen\u2019s efforts to make its COVID-19 vaccine available and accessible to as much of the world as possible,\u201d said Rajeev Venkayya, President, Global Vaccine Business Unit at Takeda. \u201cWe also recognize the massive unmet need for a dengue vaccine and will work closely with IDT to mitigate the impact on the supply of TAK-003.\u201d\n<\/p>\n
\n\u201cI am grateful to our longstanding customer Takeda for their flexibility, allowing us to help provide much-needed COVID-19 vaccines to the world,\u201d said J\u00fcrgen Betzing, IDT Biologika\u2019s CEO. \u201cIt has become abundantly clear over the past months that the challenges posed by the pandemic can only be solved by cooperation and commitment. I believe this short-term arrangement between three industry organizations demonstrates our sector\u2019s willingness and ability to contribute to creatively solving this crisis. With our production for Janssen and AstraZeneca plus the development of our own COVID-19 vaccine in cooperation with the German Center for Vaccine Research, DZIF, our company can make a major contribution to the fight against COVID-19.\u201d\n<\/p>\n
\nWith this agreement, Takeda is now supporting global access to three different COVID-19 vaccines. Takeda previously announced its commitment to providing rapid and sustained access to COVID-19 vaccines in Japan through partnerships with Novavax<\/a> and Moderna<\/a>. Takeda will receive a manufacturing technology transfer from Novavax and will be responsible for the development and commercialization based on manufacturing capacity of over 250 million doses. The company will also import and distribute 50 million doses of Moderna’s mRNA COVID-19 vaccine as part of a joint partnership with Moderna and the Government of Japan\u2019s Ministry of Health Labour and Welfare (MHLW).\n<\/p>\n \nTakeda is well positioned to meet its commitments to support the public health needs associated with both COVID-19 and dengue. Takeda is working with regulatory authorities and recommending bodies, as appropriate, to bring its dengue vaccine candidate to people who can potentially benefit from it and are living in or traveling to communities burdened by the threat of dengue. More than half the world\u2019s population is at risk of dengue, with that number expected to increase over the next several decades due to population growth, globalization and urbanization.\n<\/p>\n About Takeda\u2019s COVID-19 Efforts <\/b><\/p>\n \nTakeda is taking a comprehensive approach to treat and prevent COVID-19 today, and future pandemics through multiple activities and partnerships including, but not limited to:\n<\/p>\n Takeda\u2019s Commitment to Vaccines<\/b><\/p>\n \nVaccines prevent 2 to 3 million deaths each year and have transformed global public health. For the past 70 years, Takeda has supplied vaccines to protect the health of people in Japan. Today, Takeda\u2019s global vaccine business is applying innovation to tackle some of the world\u2019s most challenging infectious diseases, such as dengue, COVID-19, Zika and norovirus. Takeda\u2019s team brings an outstanding track record and a wealth of knowledge in vaccine development, manufacturing and global access to advance a pipeline of vaccines to address some of the world\u2019s most pressing public health needs. For more information, visit www.TakedaVaccines.com<\/a>.\n<\/p>\n About Takeda Pharmaceutical Company Limited<\/b><\/p>\n \nTakeda Pharmaceutical Company Limited (TSE: 4502\/NYSE: TAK<\/a>) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetic and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people\u2019s lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries. For more information, visit https:\/\/www.takeda.com<\/a>.\n<\/p>\n Important Notice \nThe companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, \u201cTakeda\u201d is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words \u201cwe\u201d, \u201cus\u201d and \u201cour\u201d are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.\n<\/p>\n Forward-Looking Statements Medical information View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210315005194\/en\/<\/a><\/span><\/p>\n \nTakeda\n<\/p>\n \nJapanese Media \nMedia Outside Japan KEYWORDS:<\/b> Japan Asia Pacific<\/p>\n INDUSTRY KEYWORDS:<\/b> Health Infectious Diseases Manufacturing Other Manufacturing Pharmaceutical Biotechnology<\/p>\n\n
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<\/b>For the purposes of this notice, \u201cpress release\u201d means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (\u201cTakeda\u201d) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.\n<\/p>\n
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<\/b>This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda\u2019s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as \u201ctargets\u201d, \u201cplans\u201d, \u201cbelieves\u201d, \u201chopes\u201d, \u201ccontinues\u201d, \u201cexpects\u201d, \u201caims\u201d, \u201cintends\u201d, \u201censures\u201d, \u201cwill\u201d, \u201cmay\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201ccould\u201d \u201canticipates\u201d, \u201cestimates\u201d, \u201cprojects\u201d or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda\u2019s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations, including global health care reforms; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda\u2019s operations and the timing of any such divestment(s); and other factors identified in Takeda\u2019s most recent Annual Report on Form 20-F and Takeda\u2019s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda\u2019s website at: https:\/\/www.takeda.com\/investors\/ reports\/sec-filings\/<\/a> or at www.sec.gov<\/a>. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda\u2019s future results.\n<\/p>\n
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<\/b>This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.\n<\/p>\n<\/p>\n
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Kazumi Kobayashi
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kazumi.kobayashi@takeda.com
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+81 (0) 3-3278-2095\n<\/p>\n
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Rachel Wiese
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rachel.wiese@takeda.com
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+1 917-796-8703\n<\/p>\n
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