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Millennium is #1 in Boston Globe Ranking of Top Largest Employer

CAMBRIDGE, Mass., November 5, 2012Millennium: The Takeda Oncology Company today announced it has been named the top largest employer in metropolitan Boston by the Boston Globe. This year, Millennium ranked first among largest companies, overall, moving up from second in 2011.  The article appeared in the November 4, 2012 edition of the Boston Sunday Globe.

“Being named the top largest employer in the Boston area is a tremendous accomplishment for our Company, and a true reflection of the passion and commitment that our employees have for their work – which is bringing hope to people living with cancer,” said Deborah Dunsire, M.D., President and Chief Executive Officer, Millennium.

The Boston Globe’s 2012 Top Places to Work survey was conducted by WorkPlace Dynamics. The Globe invited 1,586 employers to participate in the survey; 304 organizations employing a total of 210,000 people completed the process. Completed surveys were received from 81,907 individuals, who rated their employers based on workplace practices in compensation, leadership, appreciation, career opportunities and management.

To read the full article, please visit: www.bostonglobe.com/topplaces and www.boston.com/topworkplaces.

About Millennium

Millennium: The Takeda Oncology Company, a leading biopharmaceutical company based in Cambridge, Mass., markets a first-in-class proteasome inhibitor, and has a robust clinical development pipeline of product candidates. Millennium Pharmaceuticals, Inc. was acquired by Takeda Pharmaceutical Company Ltd. ("Takeda", TSE: 4502) in May, 2008. The Company's research, development and commercialization activities are focused in oncology. Additional information about Millennium is available through its website, www.millennium.com.

Editors’ Note: This press release is also available under the Media section of the Company’s website at: www.millennium.com/media

Contacts:

Manisha Pai
(617) 551-7877
Manisha.Pai@mpi.com