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Redirecting to Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow; Underlying Revenue Growth Expected to Accelerate in FY2021

Redirecting to Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow; Underlying Revenue Growth Expected to Accelerate in FY2021
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Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow Underlying Revenue Growth Expected to Accelerate in FY2021

Accelerated Cost Synergies and Achieved $2.3 Billion Target One Year Ahead of Plan
Reported Net Profit Growth of Approximately +750% YOY, Reflecting Gains on Non-core Asset Sales and Lower Acquisition-related Expenses
Robust Operating Cash Flow and Divestiture Proceeds Resulting in Free Cash Flow of JPY 1,237.8 Billion, Driving Deleveraging to Net Debt / Adjusted EBITDA of 3.2x
FY2021 Anticipated to be an Inflection Year for Wave 1 Pipeline with Five to Six Wave 1 NMEs Submitted and Under Regulatory Review by the FDA with the Potential for Four Approvals

Takeda Pharmaceutical Company Limited (TOKYO:4502) (NYSE:TAK) (“Takeda”) today announced financial results for fiscal year 2020 (period ended March 31, 2021). ....

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Takeda Pharmaceuticals U.S.A. President Ramona Sequeira Becomes PhRMA Board Chair-Elect

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WASHINGTON, Feb. 3, 2021 /PRNewswire/ Today, the Pharmaceutical Research and Manufacturers of America (PhRMA) elected two new officers to its board of directors. Ramona Sequeira, president of Takeda Pharmaceuticals USA, Inc. was named chair-elect. Sequeira formerly held the position of board treasurer, and when she assumes the role of board chair next year, she ll be the first woman in PhRMA s history to do so. Additionally, PhRMA s board elected Vas Narasimhan, M.D., CEO of Novartis, to serve as board treasurer.
PhRMA and the biopharmaceutical research companies we represent are focused on the critical issues that matter to the American people. We can help deliver the solutions that are needed to get COVID-19 under control, bring the economy back and make health care more affordable, said Stephen J. Ubl, president and CEO of PhRMA. I am confident that under the leadership of Ramona and Vas, as well as under Dave Ricks cont ....

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