NEW YORK, Feb. 7 (GenomeWeb News) - Takeda Pharmaceutical, of Osaka, Japan, said today it has signed a deal to merge with Syrrx. The new company will be called the Takeda Group.
According to Takeda, the merger will combine Syrrx's high-throughput X-ray crystallography technology and R&D efforts with Takeda's own pipeline, and establish a discovery research presence for Takeda in the US. San Diego-based Syrrx will become part of Takeda's global discovery research network together with its existing discovery centers in Osaka and Tsukuba.
Terms of the deal, which is still subject to customary closing conditions, were not disclosed.