Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Sumitomo Braced for Red Ink to Continue in FY2023 on Latuda LOE
With its bread-and-butter antipsychotic Latuda (lurasidone) coming off-patent, Sumitomo Pharma sees it difficult to swing back to the black in FY2023 starting next April, expecting its core operating loss to continue from this fiscal year, President Hiroshi Nomura says. “Honestly…
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