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Balanced approach

Takeda CEO Christophe Weber tells how he manages tensions in everything from drug pricing to the world's largest acquisition in 2018: Takeda's takeover of biotech company Shire.

Published Fri, Nov 15, 2019 · 09:50 PM
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THERE is a delicate balance to strike when one is a Frenchman heading a 238-year-old corporation in Japan, a country where foreigners are still a rare breed among chief executives. And when one's mission is to globalise the business without destroying a deeply rooted culture, it can be hard to find that balance without stepping on a few toes.

However, Christophe Weber, chief executive officer of Takeda Pharmaceutical Company, has not let that hold him back from taking some big steps to achieve greater heights for the company.

One of these big moves was a US$62 billion acquisition of global biotechnology company Shire, completed in January, a move that nearly doubled the size of the Takeda organisation and drew criticism from several quarters. Some feared th…

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