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Takeda Oncology—formerly Millennium Pharmaceuticals—is a leading biopharmaceutical subsidiary of Takeda Pharmaceutical. It was renowned for pioneering genomics-driven drug discovery and developing the proteasome inhibitor bortezomib (Velcade) for multiple myeloma. Since its $8.8B acquisition by Takeda in 2008, it has operated as the oncology-focused arm within one of the world’s largest pharmaceutical companies. Its clinical results include FDA approval and global commercialization of Velcade and participation in a broad portfolio spanning oncology and inflammation therapeutics.
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