STAT+: As Takeda buys Maverick for up to $525 million, R&D chief promises an ‘inflection year’

Takeda on Tuesday announced that it is buying Maverick Therapeutics for as much as $525 million. The deal is a small one, but for R&D chief Andrew Plump, it represents a research and development transformation playing out at the company — and the beginning of the culmination of six years’ work.

“To be honest with you, I think this year is going to be the pinnacle for me,” Plump told STAT when asked about the high point of his time at the company. “This is our inflection year, and this is when all the work that we put in to build the culture, to really create this partnership model and to build a pipeline, this is the year that we and the outside world will start to see how far we’ve come.”

Continue to STAT+ to read the full story…

STAT+: As Takeda buys Maverick for up to $525 million, R&D chief promises an ‘inflection year’

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