Takeda & MSD to End Co-promotion Deal for Daxas
Takeda will use its own sales organization to market the once-daily tablet for patients with chronic obstructive pulmonary disease.
Takeda Pharmaceuticals International GmbH has reached a mutual agreement with Merck & Co., Inc. (based in Whitehouse Station, New Jersey and known as MSD outside the USA and Canada) to terminate their co-promotion agreement for Daxas? (roflumilast) in certain European countries and Canada as of December 31, 2011.
Daxas? is a once-daily tablet for patients with chronic obstructive pulmonary disease (COPD).
MSD will return the rights to Daxas? to Takeda in all countries covered by the agreement.
As a result of the significant strengthening of the combined organization following Nycomed’s acquisition by Takeda Pharmaceutical Company Limited (“Takeda”) at the end of Septembe
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