Takeda Achieves Industry-Leading Positions in 2021 Access to Medicine Index
Takeda Pharmaceutical Company Limited (NYSE:TAK) has received recognition in the 2021 Access to Medicine Index, ranking sixth overall among 20 pharmaceutical companies. The company excelled in Governance of Access, R&D capacity, and health system strengthening. Notably, Takeda ranked first in Governance of Access and led the industry for R&D capacity building. Its initiatives focus on affordable access, assessed access strategies, and local healthcare programs, such as the Blueprint for Innovative Healthcare Access in Kenya and Rwanda, aimed at enhancing medicine accessibility.
- Ranked sixth overall in the 2021 Access to Medicine Index among 20 pharmaceutical companies.
- Achieved first place in Governance of Access, highlighting commitment to patient access.
- Led the industry in R&D capacity building, emphasizing innovative medicine development.
- Recognized for affordable access initiatives throughout the drug development process.
- None.
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) has earned an industry-leading position within the 2021 Access to Medicine (AtM) Index published today. Specifically the company achieved notable, high scores in all three technical areas evaluated by the Index, including being ranked first in Governance of Access. Takeda also demonstrated strong performance in the areas of health system strengthening, compliance and R&D capacity building, according to the Index.
“This honor underscores Takeda’s commitment to prioritizing patient needs by ensuring access to our life-transforming treatments,” said Christophe Weber, Takeda president and chief executive officer. “As a purpose-driven company that puts the patient at the center of everything we do, we are committed to not just inventing medicines but making sure patients can access transformative therapies.”
The AtM Index is a rigorous, biennial research project combining data-collection, verification, scoring and analysis that compares 20 of the world’s largest pharmaceutical companies on their efforts to address access to medicines. Takeda was ranked sixth overall, and achieved ‘top 10’ positions within the three technical areas evaluated: Governance of Access, Research & Development and Product Delivery. This included top ranking in Governance of Access.
“Takeda is humbled by our recognition within the latest Access to Medicine Index,” added Ricardo Marek, president of the Growth & Emerging Markets Business Unit of Takeda. “Our ranking further illustrates how Takeda’s values are being lived across the company, and how our ‘Access First’ approach across Takeda’s Growth & Emerging Markets Region is helping patients overcome access challenges in a more sustainable manner.”
Other notable highlights from Takeda’s achievements in the 2021 Index include:
- Recognition for its focus on ‘end-to-end’ patient access to treatment. In fact, Takeda was cited for its focus on affordable access to medicines throughout the drug development process – from early-stage clinical development through product launch and commercialization. Takeda also led the Index’s 20 companies in the category of assessing access strategies for medicines that must be administered by healthcare practitioners (HCP).
- The company led the industry for R&D capacity building.
- Takeda earned an industry-leading position in the area of health system strengthening. Takeda’s Blueprint for Innovative Healthcare Access, a local community care program in Kenya and Rwanda focused on non-communicable diseases (NCDs), was recognized as a scalable and inclusive business model aimed to meet the access needs of a population at the very base of the economic pyramid
Susanne Weissbaecker, Global Head of Access to Medicines, Takeda, commented: “Takeda’s continued leadership position in the 2021 Index is a testament to the impactful initiatives that we have put in place to help patients access our innovative and potentially life-saving medicines, while helping strengthen health systems in partnership with local governments, NGOs, and industry partners. Takeda has and hope to continue to play our part in helping patients overcome access challenges worldwide - despite the global pandemic.”
About Takeda’s Access to Medicines Initiatives
Focusing on countries with less developed or evolving healthcare systems, Takeda’s Access to Medicines strategy forms part of the company’s commitments to enhance people’s health worldwide. It is designed to help strengthen healthcare systems, and to tackle barriers that limit patient access to medicines. This includes partnering to implement affordability-based Patient Assistance Programs (PAPs) for Takeda’s innovative treatment portfolio - notably in the fields of rare and complex diseases - along with efforts that go beyond medicines in areas such as Research & Development (R&D), and health system strengthening via its flagship Blueprint for Innovative Healthcare Access program in Kenya and Rwanda.
About the Access to Medicine Index
The Access to Medicine Index is published every two years by the Access to Medicine Foundation, an independent, not-for-profit organization and is funded by the Bill & Melinda Gates Foundation, plus the UK and Dutch governments. The 2021 Index tracks company action to rank 20 of the world’s largest pharmaceutical companies. It measures companies’ actions to improve access to medicine across 106 low- and middle-income countries and in relation to 82 high-burden diseases, conditions and pathogens. The analytical framework for 2021 has a new, focused structure, with 33 indicators grouped into three Technical Areas: Governance of Access; Research & Development; and Product Delivery.
About Takeda Pharmaceutical Company Limited
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) 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’s 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 healthcare in approximately 80 countries. For more information, visit https://www.takeda.com.
Important Notice
For the purposes of this notice, “press release” 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 (“Takeda”) 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.
The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210126005569/en/
FAQ
What is Takeda's ranking in the 2021 Access to Medicine Index?
In which area did Takeda achieve the highest score in the Access to Medicine Index?
What initiatives does Takeda implement to improve access to medicines?
How does Takeda's Blueprint for Innovative Healthcare Access contribute to health systems?
What is the significance of the 2021 Access to Medicine Index?
