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Takeda Pharmaceutical Company Ltd

Drug Names(s): Kapidex, dexlansoprazole, TAK-390MROD

Description: TAK-390 is an enantiomer (one of two mirror-image molecules) of the proton pump inhibitor lansoprazole. It uses a dual delayed release delivery system that extends drug exposure and prolongs pH control compared with lansoprazole, and can be administered without regard to food or the timing of food.

Deal Structure: TAK-390MR is being developed by TAP Pharmaceutical Products, a joint venture of Abbott and Takeda.

In March 2008, Takeda Pharmaceutical and Abbott concluded their TAP Pharmaceutical Products (TAP) joint venture.

Partners: AbbVie Inc.

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