Royalties Push Up Profits at 3 Major Makers, Shionogi Sees 40% Operating Margin This Year

Japanese drug makers overall lacked luster on the profit front in FY2018, with 27 companies tallied by Jiho posting an average 0.2% operating profit decline on a revenue rise of 4.7%. Their profit rate slipped 0.7 point to 13.8%, with...read more