Takeda’s Growth and Emerging Markets Business Unit Aims to Deliver Double-Digit Revenue Growth Over Next Decade1
Takeda Pharmaceutical Company Limited (TAK) aims for over JPY 1 trillion (approx. US$9 billion) in revenue from its Growth and Emerging Markets Business Unit by FY2030, signaling more than double its current revenues. This growth strategy focuses on key markets like Brazil, China, and India, with over 20% expected annual growth in China. Takeda plans to enhance access to innovative therapies, including a dengue vaccine candidate (TAK-003), to address unmet patient needs. The company emphasizes a patient-centric approach while maintaining a commitment to local health systems.
- Ambition to achieve JPY 1 trillion (approx. US$9 billion) in revenue from GEM BU by FY2030.
- Expected annual growth rate of over 20% in China over the next five years.
- Targeting expansion in high-growth markets including Brazil, China, and India.
- Commitment to accessing innovative therapies and strengthening local health systems.
- None.
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today outlined its ambition for above-market, double-digit revenue growth of its Growth and Emerging Markets Business Unit (“GEM BU”). The revenue goal of JPY 1 trillion (approximately US
“Building upon Takeda’s global vision to bring long-term value to patients, society and shareholders, we have sharpened our regional strategy to deliver healthcare in geographies that include
With
“Emerging Markets will be a key source of revenue and momentum for Takeda over the next decade, with a strategy aligned to our global innovation focus,” said Costa Saroukos, Takeda chief financial officer. “Through targeted investments in the portfolio and key markets, we expect growth of the GEM BU to outpace the market for specialized, innovative treatments, as we expand our 14 global brands and launch our Wave 1 pipeline assets in the region.”
Takeda’s GEM BU is targeting expansion in high growth markets such as Brazil, China and India. These markets are expected to provide strong platforms for continued growth of existing brands and upcoming launches of our Wave 1 pipeline assets across key therapeutic areas. China in particular is expected to be a significant growth driver for Takeda on a regional and global level, with the potential to deliver revenue growth at a compound annual growth rate of over
Takeda’s innovative R&D engine is also expected to add potentially transformative therapies to the GEM BU’s current portfolio. Among the Wave 1 pipeline assets, Takeda’s dengue vaccine candidate (TAK-003), developed to address the 390 million global dengue infections every year, is projected to be a significant growth driver for the region, with the majority of projected revenues coming from GEM BU.
For sustainable growth in Emerging Markets, Takeda is committed to ensuring that patients get continued access to innovative medicines. This includes strengthening local health systems and prioritizing sustainable approaches to commercial operations. The recently published 2021 Access to Medicine (AtM) Index has ranked Takeda first in Governance of Access, highlighting its work in the strengthening of health systems and compliance.
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.
About Takeda’s Growth and Emerging Markets Business Unit
Globally, Takeda operates from four regions: Japan, the U.S., Europe & Canada (EUCAN), and Growth & Emerging Markets (GEM). Led from its regional offices in Singapore, GEM BU has presence in almost 50 geographies that include Brazil, China and Russia. These three countries, in addition to three Area operations* with hubs in South America, the Middle East, and Asia Pacific, are of particular focus as part of the Region’s ambition to deliver sustainable, profitable growth via commercial activities, and increase patient impact via Takeda’s commitments to expand its global Access to Medicines strategy.
*The three Areas in GEM are:
ICMEA - India, CIS (excluding Russia), the Middle East and Africa led from Dubai, UAE
SAM - South Cone, Andean and Mexico led from Buenos Aires, Argentina
APAC - Asia Pacific led from Singapore
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1 Includes incremental revenue not adjusted for Probability of Technical Success (PTS) and is not a “forecast” or “target” figure. PTS applies to the probability that a given clinical trial/study will be successful based on pre-defined endpoints, feasibility and other factors and regulatory bodies will grant approval.
2 Based on FY20 Plan rates (1 USD = 111 JPY)
3 Adjusted for divested assets; based on FY2019 underlying growth
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FAQ
What is Takeda's revenue target for its Growth and Emerging Markets Business Unit?
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