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GlaxoSmithKline (GSK), Takeda Pharmaceutical Co. Ltd. (TKDG.DE) Unlikely to Build In-House Diagnostic Units



2/13/2012 7:40:47 AM

GlaxoSmithKline Plc and Takeda Pharmaceutical Co. Ltd. said they are unlikely to build in-house diagnostic divisions like Roche Holding AG, which is bidding to take over a U.S. maker of gene-mapping tools. “The tandem of diagnostics and therapeutics is a logical tandem and will be very important in the future,” said Tachi Yamada, chief medical and scientific officer of Osaka, Japan- based Takeda, in an interview in London today. “But I don’t know that you have to control both ends of it.” Roche, the world’s biggest maker of cancer drugs, began a $5.7 billion hostile takeover offer for Illumina Inc. on Jan. 25. The acquisition would build Roche’s palette of health diagnostics products and potentially allow the company to better target its medicines toward individual patients. Illumina said Jan. 10 that by the end of the year it would market a machine capable of scanning a person’s complete DNA in a day.

Read at BusinessWeek


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