PR85258

HYDERABAD, India, August 25, 2020 /PRNewswire=KYODO JBN/ --

-  Global pharmaceutical industry job postings see recovery in Q3 thus far,

following a decline in Q2 2020

-  Takeda's workforce size of 49,578 as of 31st March 2019, declined to 47,495

by end of March 2020

-  Takeda's resources should be moved to areas that made Shire an appealing

purchase

Takeda Pharmaceutical's (Takeda) hiring patterns show a continuous decline to

2,572 in Q2 2020 from 2,986 in Q1 – a whole 13.9% decrease – with a continued

downward trend in Q3. However, despite this overall fall, postings in roles

related to rare or niche diseases are progressing at a measured pace, finds

GlobalData, a leading data and analytics company.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: "Takeda's drop in hiring

in Q2 verses Q1 was in line with trends in the pharmaceutical industry at

large, which witnessed notable index decline in the Q2. However, the industry

has seen a resurgence in Q3 so far, whereas Takeda has now fallen out of step

with the trend.

Peter Shapiro, Senior Director of Drugs at GlobalData, comments: This is likely

due to offset after its Shire acquisition in 2019 added sizeable debt. While

this is not crisis-mode, as is it is expected and normal that there would be a

massive redundancy after buying a 30-year-old company, Takeda will be looking

to save costs and make additional divestments of non-core businesses and

rightsizing of its global operations staff in the remainder of Q3 and beyond.

For example, they currently have two US HQ: one outside of Boston and one

outside of Chicago that are both going to need to combine and move to

Cambridge, Massachusetts."

Aurojyoti Bose, Lead Analyst at GlobalData, says: "Takeda remains focused on

rare/niche diseases, gastroenterology, oncology, neuroscience, with job

postings in rare/niche diseases showing a gradual increase from 97 in February

to 145 in March, and further growing to 177 in July 2020. Several areas with

relevance to the COVID-19 pandemic are witnessing renewed interest in the

pharmaceutical industry.

Shapiro adds: "Takeda should be focusing its resources on the aspects of Shire

that made it appealing to purchase in the first place: an innovative drug

pipeline with rare disease focused and existing drug franchises that were

selling well in the US."

Recent months have seen Takeda post senior-level job positions in areas such as

research and development (R&D) pipeline management; network strategy; field

training; regulatory affairs; strategy and insights; and commercial planning.

Please contact Aarti in the GlobalData Press Office for comment, analysts

available for interview at +91 40 6616 6809 / +44 207 936 6400 or email:

pr@globaldata.com.

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Source: GlobalData