Taiho Oncology, Inc. Announces Establishment of European Headquarters
PRINCETON, N.J., Dec. 9, 2020 /PRNewswire/ -- Taiho Oncology Inc. today announced plans to expand its commercial oncology business into Europe with an opening of a European headquarters. The new headquarters will be established as a subsidiary of Taiho Pharmaceutical Co., Ltd.
The establishment of a headquarters in Europe is part of Taiho's plans to expand the company's global commercial operations and to commercialize potential future products.
"The establishment of European headquarters is a significant milestone in Taiho's development as an emerging global oncology pharmaceutical company," said Timothy Whitten, President and CEO of Taiho Oncology, Inc., a U.S. subsidiary of Taiho Pharmaceutical Co., Ltd. "As we continue to grow our portfolio, Taiho Oncology has an excellent opportunity to impact the global treatment landscape. We believe that we can contribute a great deal to the future health and well-being of people living with cancer throughout Europe."
Taiho Oncology anticipates that its Europe headquarters will be fully operational by early 2021.
"Establishing a commercial presence in Europe will help further Taiho Oncology's goal of bringing targeted therapies that address treatment needs to patients around the world, while providing our partners with additional opportunities to realize the full potential of their medicines," said Stephen E. Yoder, MD, MBA, Vice President of Business Development, Taiho Oncology, Inc. "In addition to enhancing our ability to deliver important medicines to the European market, we will also focus on pursuing regional and global oncology business development opportunities with biopharmaceutical companies in Europe that will help Taiho Oncology further grow its portfolio."
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SOURCE Taiho Oncology, Inc.