BUSINESS

Mitsubishi Tanabe Incurs 33 Billion Yen Operating Loss on Medicago Shutdown

February 8, 2023
Mitsubishi Tanabe Pharma fell into an operating loss of nearly 33 billion yen in the first nine months of FY2022, battered by a massive write-off booked following its decision to shutter Canadian subsidiary Medicago. According to an earnings report released…

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