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Cerevance is in a unique position to bring a breakthrough technology to the development of treatments for central nervous system diseases that affect millions of people worldwide. This is not the first time that Takeda, Heintz and Margus have joined forces. In 2009, Takeda invested in and later collaborated with CNS drug discovery start-up Envoy Therapeutics which included Heintz and Margus as founders and which also licensed a technology from the Rockefeller University. Takeda ultimately acquired Envoy in 2012. Cerevance will have sites in both Massachusetts and the United Kingdom, surrounded by vibrant academic research ecosystems that support biotechnology and pharmaceutical companies. About Takeda Pharmaceutical Company Limited Takeda Pharmaceutical Company Limited ( TOKYO:4502 ) is a global, R&D-driven pharmaceutical company committed to bringing better health and a brighter future to patients by translating science into life-changing medicines. Takeda focuses its research efforts on oncology, gastroenterology and central nervous system therapeutic areas. It also has specific development programs in specialty cardiovascular diseases as well as late-stage candidates for vaccines. Takeda conducts R&D both internally and with partners to stay at the leading edge of innovation.

http://www.businesswire.com/news/home/20161201006597/en/Cerevance-Launched-Technology-Drug-Portfolio-36M-Cash

Authorized capital is the total money that the company has made by selling the issue of authorized shares. The institution can be a bank, a credit union, department store, or savings and loan associations. Investment is purchasing something with an intention to gain a profit from its sale or getting income for it at regular intervals. The lump sum payment has to be made at the end of the term. Forensic Audit is examining the evidence regarding an assertion made in the court of law. Report Number: A number assigned to a particular credit report for its identification.

Tax Lien: A legal claim on real or personal property registered by the government taxing authority for the unpaid property taxes. Lifting and Operating expenses Lifting and Operating expenses are generally incurred in the oil and energy industry, in the running and maintenance of oil wells. Payout ratio is the dividend paid by the company to the shareholders out of earnings expressed as a percentage. The thing with this letter is that they can be sent for various reasons. It is calculated by the formula: Current Ratio = Current Assets / Current Liabilities. It is also known as finance crunch or credit crisis. Statement of account is the details of all the transactions between a debtor and creditor.