Takeda Pharmaceutical to invest $30bn in US over 5 years: CEO

Takeda Pharmaceutical to invest $30bn in US over 5 years: CEO Takeda Pharmaceutical to invest $30bn in US over 5 years: CEO

TOKYO — Japanese drugmaker Takeda Pharmaceuticals will invest $30 billion in the U.S. over the next five years, CEO Christophe Weber said Thursday, with the money going toward both manufacturing facilities and research and development.

A string of major pharmaceutical makers around the world have come out with plans to invest in the U.S. after the Trump administration said that it was considering tariffs on drugs and medical products.