Producer

Takeda Plasma-Derived Therapies

4502.THQ JP · Osaka, Japanwebsite ↗

Third-largest plasma fractionator (~29.5% market share); built through acquisitions of Shire (2019, $62B) and Baxalta; major hemophilia and immunology plasma portfolio; PDT (plasma-derived therapies) division is a standalone business unit

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Goods downstream

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  • Immunoglobulins

    35%
  • Hemophilia + Coagulation

    25%
  • Hereditary Angioedema (HAE)

    20%
  • Albumin + Other Plasma Proteins

    20%

Intelligence

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  • Origin2023

    Takeda Pharmaceutical's $62 billion acquisition of Shire plc in 2019 was the largest overseas acquisition by a Japanese company in history — a bet by Japan's oldest major pharmaceutical company (founded 1781) that the global plasma-derived therapy market was the most defensible long-term pharmaceutical business. Shire had itself built its plasma position through a $5.9B acquisition of Baxter BioSciences in 2014, inheriting Baxter's legacy that included the development of ADVATE (recombinant Factor VIII, first approved 2003) — the dominant global Hemophilia A treatment. The acquisition chain: Baxter (US hospital products 1931) → Shire (UK specialty pharma 1986) → Takeda (Japan generics 1781). Japan's oldest pharmaceutical company now controls the most advanced hemophilia treatment, originated by a US hospital supply company, assembled by a British specialty pharma acquirer. The $62B Shire price was partly justified by the plasma business's near-monopoly economics: IVIG and Factor VIII markets have high barriers to entry, regulated source material, and patients with chronic lifetime treatment requirements.

    Takeda Pharmaceutical Company