Pharma Patent Cliffby readouts.io
Company · patent cliff and acquisitions

Takeda’s patent cliff

Entyvio, the only Takeda drug tracked here, made ≈$6.0B of its 2025 revenue (21%) and loses US exclusivity in 2032. Since 2023, Takeda has closed 1 acquisition of $1B or more, worth $4.0B.

Losing US exclusivity by 2030
NoneFirst tracked loss is 2032
By 2037
≈$6.0B21% of ≈$28.3B
Acquisitions since 2023
$4.0B1 deal of $1B or more
2025 sales from acquired products
NoneNo acquired product on sale
Bought with an approved product
0 of 1All pipeline only

2025 revenue losing US exclusivity, by year

2031–2037
0%25%50%75%100%
2032
21%≈$6.0B · Entyvio

Bars are each drug's 2025 sales as a share of Takeda’s total revenue (≈$28.3B). Core revenue ¥4,505.7B, fiscal year to March 2026. Only drugs tracked here are counted, so full exposure can be higher. Tap a bar for the drug's page.

Acquisitions since 2023

ClosedCompany boughtValueAreaWhat it broughtAt closing
Feb 2023 Nimbus LakshmiTakeda, February 2023 $4.0B Immunology Zasocitinib (TAK-279), an oral TYK2 inhibitor for psoriasis and other immune diseasesA Nimbus Therapeutics subsidiary; upfront payment, plus two $1B sales milestones. Pipeline only
1 counted$4.0B

Acquisitions of whole companies closed since January 2023 with a headline price of $1B or more. Values are the price Takeda announced, excluding milestone payments unless noted. Licensing deals are not included. Compare all 65 deals →

Losing vs buying, by area

AreaAt risk by 2037Acquisitions since 2023
Immunology≈$6.0B$4.0B

Immunology is where Takeda has the most revenue at risk and where it has spent the most on acquisitions. At risk is 2025 sales of tracked drugs losing US exclusivity by 2037; acquisitions are the headline value of counted deals closed since 2023.

How to read this

The two figures measure different things. Revenue at risk is what the drugs earned in 2025. A deal's value is what Takeda paid, not the sales it will bring in. None of the companies it bought had an approved product at closing, so any sales from them are years away and may never arrive. So this page shows the figures side by side rather than claiming how much of the gap the deals fill.

What changed for Takeda

  1. Copies in the works
    FDA accepts the first Entyvio biosimilar application

    Alvotech's AVT16, to be sold in the US by Teva, is under review with a decision expected in the first quarter of 2027. Takeda's patents running to 2032 still stand in the way of launch. Alvotech

  2. Medicare price
    Trulicity, Biktarvy, Cosentyx and Entyvio selected for Medicare price negotiation

    Negotiated prices take effect in 2028. CMS must publish them by 30 November 2026. CMS

  3. Date pushed back · 2026 → 2032
    Takeda pushes its assumed US biosimilar entry for Entyvio to 2032

    Takeda moved its assumption from May 2026 by three to five years, citing formulation, dosing and manufacturing patents. Pharma Japan

Other companies

Sources

Revenue: Takeda FY2025. Drug sales and dates are sourced on each drug's page; each deal links to Takeda’s announcement or filing in the table above.

See all 45 drugs on the patent cliff →