Takeda is shuttering its San Diego research site, the company confirmed to Endpoints News.
The company told employees on Thursday that it will close the site as part of a decision “to focus more of our resources on our promising late-stage pipeline and to ensure we are best positioned to create more long-term value for patients,” according to a spokesperson.
Takeda declined to comment on the timeline for the closure or the number of jobs that may be affected. About 340 full-time employees currently work at the site, and some workers will relocate to other research sites in Cambridge, MA, and Shōnan, Japan, the company said.
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