BUSINESS

Otsuka’s Q1 Pharma Sales Up 11.9% Driven by Global Brands, Profits Dip on FDA Vadadustat Snub

May 16, 2022
Otsuka Holdings saw its first quarter pharmaceutical revenue rise 11.9% buoyed by growth of its four global brands. However, profit for the same segment contracted 8.7% on the back of increased R&D spending and an impairment loss incurred related to…

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