BUSINESS

Mitsubishi Tanabe Incurs 6 Billion Yen Operating Loss as Flu Vaccine Project Dropped in US

May 14, 2020
Mitsubishi Tanabe Pharma posted an operating loss of 6 billion yen in FY2019 as it booked an impairment loss of 24 billion yen after its Canadian subsidiary discontinued the development of its seasonal influenza vaccine MT-2271 in the US. Its…

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