Wednesday, December 2, 2020

Thales Introduces Ready to Fly – a Portfolio of Solutions for a Safer & Healthier Travel Journey

 PARIS LA DÉFENSE-Tuesday 1 December 2020 [ AETOS Wire ]


After introducing its strategy for a low carbon future enabling a 10% reduction of aircraft CO2 emissions by 2023, Thales is supporting its global airline customers with advanced technologies to restore confidence in air travel by enhancing the health safety and wellness of passengers.


These affordable solutions can be quickly deployed to meet the immediate needs of airlines on new and in-service IFE systems.


(BUSINESS WIRE)-- The Ready to Fly portfolio of solutions offered by Thales are designed to help our airline customers restore passenger confidence in air travel during the crisis and in a post pandemic world.


With Ready to Fly, Thales InFlyt Experience is focused on expediting the industry’s digital transformation through passenger-centric solutions and integrated products as well as services that increase crew efficiency. Ready to Fly solutions enable cabin innovations that reduce touch and mitigate passenger congestion.


The Ready to Fly “touchless” solutions allow passengers to safely control the inflight entertainment system with their personal phone or tablet for a full IFE experience, including digital versions of onboard paper menus, magazines and important safety and health information. To reduce physical interactions with the crew, while maximizing services, the Thales Travel Assistant solution will enable passengers to request and receive automated information on the seatback monitor. The crew will also have the ability to gather information, receive notifications and control the cabin from their own secure personal phone or tablet.


Looking toward the future, Thales is leveraging its robust network of partners to develop cabin automation solutions that decrease congestion, facilitate aircraft disembarking, and manage passenger flow by using synthetic data.


Thales is building a future we can all trust by reimagining the way people travel using advanced and cyber-secured technologies that create a safer, and more connected, digital ecosystem.


“Most important to Thales is that we are here to support our airline customers and work with them to tackle their toughest challenges during these unprecedented times. Our solutions are highly automated, reduce the need of interaction, and increase the efficiency of airline ground and air personnel. Ready to Fly brings multiple innovations that enhance wellness in the cabin while providing the best passenger experience.” Neil James, Vice President Sales, Thales InFlyt Experience.


About Thales


Thales (Euronext Paris: HO) is a global high technology leader investing in digital and “deep tech” innovations – connectivity, big data, artificial intelligence, cybersecurity and quantum technology – to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers –businesses, organisations and states – in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process.


With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a basis including Gemalto over 12 months).


PLEASE VISIT

Thales Group

Civil aerospace


Contacts

PRESS


Thales, Media Relations

Defence & Civil Aerospace

Maria Mellouli

+33 (0) 6 89 73 25 47

maria.mellouli@thalesgroup.com


USA

Adam Kostecki

+1 (703) 838 5645

adam.kostecki@us.thalesgroup.com


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Airtel Africa Extends Partnership with CSG to Support Its Digital Transformation Efforts

 BRISBANE-Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- CSG® (NASDAQ: CSGS) today announced that its long-standing partnership with Airtel Africa has been extended. As part of the enhanced agreement, CSG will provide Airtel Africa with managed services, including customer relationship management and convergent charging and billing solutions to support the growth the company is experiencing through its 14-country footprint across Africa.


“Airtel Africa actively seeks solutions that support a holistic and seamless IT landscape so that we can benefit from reduced operational overhead, streamlined business operations, and scalable growth models,” said Neelesh Pratap Singh, group CIO, Airtel Africa. “We continue to partner with CSG to help drive differentiation and innovation in our strategic markets and support robust business transformation that enables us to offer the next-generation of products and services our customers have come to expect.”


CSG managed services will help bring consistency and scalability across Airtel Africa’s business operations to support its growth across Africa, bring new services to market quickly, boost operational efficiencies and reduce costs.


“Airtel Africa’s leadership and industry innovation are reflected in the company’s growth in voice, data and mobile money across Africa, said Ian Watterson, head of CSG’s Asia-Pacific business. “Our complete solution stack gives Airtel Africa the market-leading flexibility necessary to deliver an enhanced customer experience, reduce the amount of time it takes to bring new offerings to market, and deliver long-term revenue growth.”


CSG Managed Services provides application configuration management and business operations for companies worldwide. By supporting customers’ IT and business operations, CSG allows companies to focus on their core business functions resulting in reduced annual technology costs while increasing reliability, scalability, security, and overall system performance.


About CSG


For more than 35 years, CSG has simplified the complexity of business, delivering innovative customer engagement solutions that help companies acquire, monetize, engage, and retain customers. Operating across more than 120 countries worldwide, CSG manages billions of critical customer interactions annually, and its award-winning suite of software and services allow companies across dozens of industries to tackle their biggest business challenges and thrive in an ever-changing marketplace. CSG is the trusted partner for driving digital innovation for hundreds of leading global brands, including AT&T, Charter Communications, Comcast, DISH, Eastlink, Formula One, Maximus, MTN and Telstra. To learn more, visit our website at csgi.com and connect with us on LinkedIn and Twitter.


Copyright © 2020 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005140/en/


Contacts

Contacts:

Brad Jones

Global / North America / Asia-Pacific Public Relations

CSG

+1 (303) 200-3001

brad.jones@csgi.com


Kristine Østergaard

CSG

Europe / Middle East / Africa Public Relations

+44 (0)79 2047 7204

kristine.ostergaard@csgi.com


Liz Bauer

Investor Relations

CSG

+1 (303) 804-4065

liz.bauer@csgi.com



Permalink : https://www.aetoswire.com/news/airtel-africa-extends-partnership-with-csg-to-support-its-digital-transformation-efforts/en

The 2nd World Science and Technology Development Forum – A Futuristic Step towards Global Trust, Collaboration, and Development in Science and Technology for the Well-Being of Mankind

 BEIJING-Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- Science and technology have always been crucial elements for mankind's development and well-being. The global collaboration in science and technology development is much needed in this current era. “The 2nd World Science and Technology Development Forum” was held in Beijing, China from Nov. 8 to Nov. 9, 2020, with the theme focusing on “Trust, Cooperation, and Development”.


Renowned academicians and experts of multiple international organizations, presidents of universities, and leaders of tech companies attended the forum to discuss the future trends, opportunities, and challenges of global technological development. More than 200 representatives from academic associations, reputable companies, universities, and research institutions in China also attended the forum and gave speeches.


The keynote speeches and high-level dialogues in the event focused on four major topics including:


Scientific and technological revolution and the evolution of human civilization.

Regional innovation and innovation policy environment.

Digital economy and inclusive growth.

Technological ethics and scientific culture.

The forum promoted the integration of technology and the economy, as well as technological transaction services, so that technological innovation can help promote the sustainable development of mankind. To fulfill the goal of the forum for the joint creation of an international dialogue platform, the videos of “The 2nd World Science and Technology Development Forum” have been placed on YouTube.


The forum received acknowledgment and support from UNESCO, the World Federation of Engineering Organizations, the International Science Council, and the Japan Science and Technology Agency.


The World Science and Technology Development Forum has become an important venue for China's plans and implementation of technological innovation, promotion of science and technology exchanges across the world, overcoming difficulties through collaboration, and joint advancement.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201120005489/en/


Contacts

Linguitronics Co., Ltd.

Chuang Ling

info_cn@linguitronics.com





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Tuesday, December 1, 2020

Emory University to Host a Live Webcast With His Holiness the Dalai Lama

 “The Necessity of Compassion for the Survival of Humanity” Takes Place on December 8, 2020 at 10:30pm ET



ATLANTA-Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- The Center for Contemplative Science and Compassion-Based Ethics at Emory University will host a live webinar with His Holiness the Dalai Lama on Tuesday, December 8, 2020. A discussion titled “The Necessity of Compassion for the Survival of Humanity” will feature the Dalai Lama in conversation with Melani A. Walton, co-founder of the Rob and Melani Walton Foundation, and Dr. Sanjay Gupta, chief medical correspondent for CNN. (For speaker photos click here.)


The webcast begins at 10:30pm ET on Dec. 8, 2020 (Dec. 9 @ 9:00am India Standard Time) and will be simulcast in 14 languages. It is FREE of charge and open to anyone who’d like to participate. Advance registration is encouraged at https://compassionshift.emory.edu.


“With so many urgent concerns impacting our world, the time is right to start a global conversation about the importance of compassion,” said Lobsang Tenzin Negi, executive director of Emory University’s Center for Contemplative Science and Compassion-Based Ethics. “For more than 20 years, we’ve been working with His Holiness the Dalai Lama on programs and research that illustrate the positive effects of compassion. Our goal is to promote an understanding of the benefits of compassion and to provide programs to cultivate it across all sectors of society.”


The webinar will focus on the role compassion can play in developing a more sustainable future for humanity. It is the first event of The Compassion Shift, an initiative to advance a global culture of compassion based at Emory University.


About Us: The Center for Contemplative Science and Compassion-Based Ethics at Emory University supports a research-based approach to educating both heart and mind. An academic collaboration that began in 1998 between Emory University and the Dalai Lama, the Center investigates the science of compassion and supports its practical implementation. Current programming includes SEE Learning™ an international K-12 education program, CBCT® Compassion Training , and the Emory-Tibet Science Initiative, a science program developed for Tibetan monastic institutions. The Center will offer live daily meditations beginning December 9.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005705/en/


Contacts

Mary Eitel, MKE Communications

mary@mkecommunications.com



Permalink : https://www.aetoswire.com/news/emory-university-to-host-a-live-webcast-with-his-holiness-the-dalai-lama/en

Study Comparing Two Noninvasive Indicators of Fluid Responsiveness on Mechanically Ventilated Patients Finds Masimo PVi® Effective and Advantageous

 Researchers Preferred PVi for Being “Continuous, Operator-independent, and More Reliable”



NEUCHATEL, Switzerland -Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the findings of a study published in the Ain-Shams Journal of Anesthesiology in which Dr. Diaaeldin Aboelnile and colleagues at Ain-Shams University in Cairo, Egypt compared two noninvasive methods of assessing fluid responsiveness in mechanically ventilated patients, dIVC and Masimo PVi®. They found both methods to be “effective,” but determined that PVi was advantageous because of being “continuous, operator-independent, and more reliable than dIVC.”1 PVi, pleth variability index, is a measure of the dynamic changes in perfusion index that occur during the respiratory cycle.


Noting the importance of predicting responsiveness prior to fluid administration and the drawbacks of invasive and static methods of assessing responsiveness, the researchers sought to assess the effectiveness and reliability of PVi—which is noninvasive, dynamic, continuous, and can be measured using a pulse oximetery sensor—by comparing it to another noninvasive, but non-continuous, static method, ultrasound calculation of inferior vena cava distensibility index (dIVC). dIVC represents the percentage of variation in the inferior vena cava diameter during inspiration versus expiration. To that end, they monitored 88 adult, sedated, mechanically ventilated, intubated surgical patients using both PVi and dIVC. The patients were classified as fluid responders (48) or non-responders (40) by using the passive leg raising (PLR) test; patients whose cardiac index (CI) increased by 15% or more were considered responders. PVi was monitored using a fingertip sensor and a Masimo Radical-7® Pulse CO-Oximeter®; dIVC was measured using a Mindray M5 ultrasound probe. To assess their performance against an invasive method, the researchers also measured central venous pressure (CVP).


The researchers calculated the following results for the three parameters:


Parameter


CVP


PVi


dIVC


Threshold value


≥ 5 mmHg


> 14%


> 19.42%


Sensitivity


70.83%


93.75%


79.17%


Specificity


47.5%


87.5%


80%


Area under the curve (95% confidence interval)


0.612 (0.502-0.714)


0.955 (0.889-0.988)


0.886 (0.801-0.944)


P-value


0.0648 (“not significant”)


< 0.0001 (“highly significant”)


< 0.0001 (“highly significant”)


Based on these findings, the researchers concluded, “The results of our study showed that assessment of PVi and dIVC noninvasively were good predictors for fluid management and responsiveness prediction using PLR technique in surgical ICU mechanically ventilated patients.” They continued, “PVi and dIVC can be used in the assessment of fluid responsiveness of intubated ventilated sedated patients with sinus rhythm in the ICU, and both methods are noninvasive and can be performed at the bedside, but PVi has the advantage of being continuous, operator-independent, and more reliable than dIVC.”


@Masimo | #Masimo


The accuracy of PVi in predicting fluid responsiveness is variable and influenced by numerous patient, procedure, and device-related factors. PVi measures the variation in the plethysmography amplitude but does not provide measurements of stroke volume or cardiac output. Fluid management decisions should be based on a complete assessment of the patient’s condition and should not be based solely on PVi.


About Masimo


Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. Our mission is to improve patient outcomes and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.2 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,3 improve CCHD screening in newborns,4 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs5-8 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,9 and is the primary pulse oximetry at 9 of the top 10 hospitals according to the 2020-21 U.S. News and World Report Best Hospitals Honor Roll.10 Masimo continues to refine SET® and in 2018, announced that SpO2 accuracy on RD SET® sensors during conditions of motion has been significantly improved, providing clinicians with even greater confidence that the SpO2 values they rely on accurately reflect a patient’s physiological status. In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7® and Radius PPG™, portable devices like Rad-67™, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris Gateway®, Patient SafetyNet, Replica™, Halo ION™, UniView™, UniView: 60™, and Masimo SafetyNet™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.


ORi and RPVi have not received FDA 510(k) clearance and are not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.


References


Aboelnile D, Elseidy M, Kenawey Y, Elsherif I. Prediction of fluid responsiveness in mechanically ventilated patients in surgical intensive care unit by pleth variability index and inferior vena cava diameter. Ain-Shams J Anesth. 2020. 12:48. https://doi.org/10.1186/s42077-020-00097-4.

Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website at http://www.masimo.com. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.

Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.

de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.

Taenzer A et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.

Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.

McGrath S et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.

McGrath S et al. Inpatient Respiratory Arrest Associated With Sedative and Analgesic Medications: Impact of Continuous Monitoring on Patient Mortality and Severe Morbidity. J Patient Saf. 2020 14 Mar. DOI: 10.1097/PTS.0000000000000696.

Estimate: Masimo data on file.

http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.

Forward-Looking Statements


This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo PVi®. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks related to our belief that Masimo's unique noninvasive measurement technologies, including Masimo PVi, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; risks related to COVID-19; as well as other factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201129005422/en/


Contacts

Masimo

Evan Lamb

949-396-3376

elamb@masimo.com




Permalink : https://www.aetoswire.com/news/study-comparing-two-noninvasive-indicators-of-fluid-responsiveness-on-mechanically-ventilated-patients-finds-masimo-pvireg-effective-and-advantageous/en


Diamond Standard Commodity and Token to List on INX

 Investors to trade the Diamond Standard Commodities as a blockchain token on the INX trading platform



NEW YORK-Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- INX Limited, the blockchain-based platform for trading digital securities and cryptocurrencies, announces today that it has signed a letter of intent with Diamond Standard to list the world’s first diamond commodity—the Diamond Standard Coin. The Coin is a digital and physical asset: a standardized set of diamonds with a wireless chip enabling it to trade as a token on the INX trading platform. The availability of the Coin on the INX platform is pending regulatory approval for the $25 million initial public commodity offering.


This diamond commodity makes a $1.2 trillion hard asset available to institutional investors for the first time. Diamond Standard recently announced its plan to launch an ETF on the NYSE under the ticker DIAM, and an agreement to list futures on the CME Globex via the MGEX.


INX is providing an electronic spot market for the Diamond Standard Coin. Investors who acquire a Diamond Standard Token on the INX platform are transacting the physical commodity itself, and can take delivery of the Coin from the custodian in Delaware at anytime.


The listing marks the first time a diamond commodity can be digitally traded on any U.S. based trading platform.


INX offers the listing and trading of digital assets with full regulatory compliance and fair trading policies, as well as advanced security protocols and privacy procedures. It aims to address cross-border, high-volume trading under full regulatory process.


“Our proprietary trading technology was developed with the goal of transforming the future of finance with the trading of unique assets,” says Douglas Borthwick, CMO of INX. “The listing of the Diamond Standard Coin on the INX exchange pushes that vision forward, and we’re thrilled that both institutional and retail investors can now invest in the first fungible diamond commodity digitally.”


“Diamond Standard developed this regulated diamond commodity in order to unlock an uncorrelated $1.2 trillion asset class for investors.” said Cormac Kinney, founder and CEO of Diamond Standard. “We are delighted to list on the INX platform, to provide a secure, next generation venue for investors to trade their diamond commodities.”


About INX Limited

INX Limited aims to provide a regulated trading platform for digital securities and cryptocurrencies, combining traditional markets expertise with a novel fintech approach. INX is led by an experienced team of business, finance, and blockchain technology experts unified by the vision of redefining the world of capital markets via blockchain technology and novel regulatory approach.


About Diamond Standard

Diamond Standard Co. is the creator of the world's first and only regulated diamond commodity. By unlocking diamonds as a market-traded asset, Diamond Standard helps investors to access a natural resource currently worth $1.2 trillion – more than all the world's silver and platinum combined. A breakthrough deliverable hard asset, the diamond commodity provides diversification and a new store of wealth for institutional and individual investors, while bringing transparency and efficiency to the diamond supply chain.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005616/en/


Contacts

Media:


Alona Stein

ReBlonde for INX

alona@reblonde.com





Permalink : https://www.aetoswire.com/news/diamond-standard-commodity-and-token-to-list-on-inx/en


Takeda Completes Sale of Select OTC and Non-Core Assets to Celltrion in Asia Pacific

 - Further sharpens Takeda’s focus on ‘fast tracking’ patient access to highly innovative medicines for complex and rare diseases in Asia Pacific and the Emerging Markets



OSAKA, Japan-Tuesday 1 December 2020 [ AETOS Wire ]


(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced the completion of its previously-announced sale of a portfolio of select products to Celltrion Inc. (“Celltrion”) for a total value of $278 million USD inclusive of milestone payments. The portfolio includes 18 pharmaceutical products and over-the-counter (OTC) products sold in Asia Pacific, which is part of Takeda’s Growth & Emerging Markets Business Unit. This divestment agreement was first announced in June 2020.


The divested portfolio includes pharmaceutical products and OTC products in the Cardiovascular, Diabetes and General Medicine therapeutic areas, sold in Australia, Hong Kong, Macau, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. The products, while addressing key patient needs in these countries and territories, are outside of the business areas Takeda has chosen as core to its global long-term growth. As part of the deal, Takeda will continue to manufacture the portfolio of divested products and supply them to Celltrion under a manufacturing and supply agreement.


Takeda intends to use the proceeds from the sale to reduce its debt and accelerate deleveraging towards its target of 2x net debt/adjusted EBITDA within Fiscal Years 2021–2023.


Takeda has exceeded its $10 billion non-core asset divestiture target and has announced 10 deals since January 2019 to date for a total aggregate value of up to ~$11.3 billion, including agreements to divest:


Takeda Consumer Healthcare Company Limited to Oscar A-Co KK, a company controlled by funds managed by The Blackstone Group Inc. and its affiliates for a total value of approximately JPY 242.0 billion ($2.3 billion USD).

Other non-core portfolio assets within the Growth & Emerging Markets Business Unit, totaling ~$1.7 billion* with three separate buyers.

Select OTC and non-core assets in Europe to Orifarm for approximately $670 million.

Non-core assets in Europe and Canada to Cheplapharm for approximately $562 million.

The TachoSil Fibrin Sealant Patch to Corza Health, Inc. for approximately €350 million.

Transactions still pending are expected to close by March 31, 2021, subject to customary legal and regulatory closing conditions.


* Including an agreement for $825 million with Hypera S.A. for select non-core products in Latin America which remains subject to close.


About Takeda Pharmaceutical Company Limited


Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to bringing Better Health and a Brighter Future to patients by translating science into highly-innovative medicines. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Diseases, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people's lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries.


For more information, visit https://www.takeda.com.


Important Notice


For the purposes of this notice, “press release” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.


The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.


Forward-Looking Statements


This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could” “anticipates”, “estimates”, “projects” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations; the success of or failure of product development programs; decisions of regulatory authorities and the timing thereof; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda’s operations and the timing of any such divestment(s); and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/reports/sec-filings/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.


View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005972/en/


Contacts

Japanese Media

Kazumi Kobayashi

kazumi.kobayashi@takeda.com

+81 (0) 3-3278-2095


Media outside Japan

Justine Grosvenor

justine.grosvenor@takeda.com

+1 872 226 6701


Investor Relations Contact:

Christopher O’Reilly

takeda.ir.contact@takeda.com

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