OSAKA, Japan & CAMBRIDGE, Mass.–(BUSINESS WIRE)–Takeda (TSE:4502/NYSE:TAK) today announced five new partnerships to its Global Corporate Social Responsibility (CSR) Program, which contribute to strengthening health systems in low- and middle-income countries. The new partnerships bring its total contributions to JPY 24.2 billion (Approx. USD 167.5 million) across 29 long-term partnerships. Takeda’s workforce is an integral part of the annual decision-making process as over 24,500 purpose-led employees participated in the selection of the five new partnerships. Takeda expects that Global CSR Program’s new five partnerships will bring its reach to 25.2 million people in 92 countries by 2028.
“Our 242-year-old heritage has taught us that creating sustainable positive impact not only takes time but also requires us to constantly adapt and look to the future. There are no quick fixes to global health challenges, which are complex, multi-dimensional and context dependent. While each of these partnerships will support health systems strengthening in unique and innovative ways, there are two common threads: an equity lens focused on marginalized groups and a systems approach prioritizing lasting outcomes over quick wins,” says Takako Ohyabu, Takeda’s chief global corporate affairs and sustainability officer. “These partnerships explicitly target marginalized and/or vulnerable groups who lack quality health services and access to essential medicines, whether that is due to conflict, climate change, natural disasters, or socio-economic reasons. We take a long-term view, working with partners who have local knowledge and ownership, adopting a systems approach to develop resilient and equitable health systems which are also responsive to climate change.”
Takeda’s commitments to these new partners in FY2023 include:
The new partners shared:
Since its launch in 2016, Takeda’s Global CSR Program has contributed to strengthening health systems including the following, which are informed by WHO’s Health System Strengthening Building Blocks:
About Takeda
Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.
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Exchange Rates
In this press release, certain amounts presented in Japanese yen have been translated to US dollars solely for the convenience of the reader. Except where otherwise noted, these convenience translations have been made at an exchange rate of 1USD = 144.47 JPY, the Noon Buying Rate certified by the Federal Reserve Bank of New York on June 30, 2023. The rate and methodologies used for these convenience translations differ from the currency exchange rates and translation methodologies under IFRS used for the preparation of Takeda’s consolidated financial statements. These translations should not be construed as a representation that the relevant Japanese yen amounts could be converted into U.S. dollars at this or any other rate.
Contacts
Japanese Media
Jun Saito
jun.saito@takeda.com
U.S. and International Media
Megan Ostrower
megan.ostrower@takeda.com
+1 772-559-4924
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