Wednesday September 23, 2020

Takeda injects €300 million to Irish operation

Takeda, Asia's largest drug maker, has transferred €300 million from Japan to Ireland to shore up the finances of its loss-making Irish operation.

11th May, 2014

Takeda, Asia’s largest drug maker, has transferred €300 million from Japan to Ireland to shore up the finances of its loss-making Irish operation.

The Osaka, Japan-based company injected the funds through a share purchase in its Irish subsidiary, Takeda Ireland, according to company filings. The move will boost the Irish operation’s balance sheet by some €303 million.

Takeda employs more than 300 people in Ireland, most of whom are located at...

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