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Takeda appoints head of emerging markets

Takeda has named Jostein Davidsen as head of emerging markets following the pharmaceutical company's acquisition of Nycomed

Takeda has named Jostein Davidsen as head of emerging markets following the pharmaceutical company's acquisition of Nycomed, effective immediately.

Davidsen's new role is in addition to his current position as area head of Russia/CIS, and will see him lead Takeda in an area the company sees as key to achieving sustainable growth.

The region comprises Russia/CIS, Latin America, Middle East-Turkey-Africa, and South Asia.

Davidsen had been head of Nycomed Russia/CIS area since 1994, leading the company to its position among the top biggest-selling 10 companies in terms of sales in the area.

In 2010, Nycomed had total sales of €479m in Russia/CIS, achieving growth of 31 per cent in local currencies.

The company has also been involved with several partnership deals in the area and has invested in the development of a manufacturing plant in the Russian city of Yaroslavl.

Davidsen will report to Frank Morich, executive vice-president, International Operations (Americas/Europe), Takeda, and CEO of Nycomed.

17th October 2011

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