BUSINESS
Sumitomo’s Projected Operating Loss Widens on Ditched Cancer Med, US Realignment
Sumitomo Pharma has slashed its earnings forecast for FY2022, with its projected operating loss ballooning to 77 billion yen as it has called off a cancer drug program and plans to book provisions for expenses tied to its group realignment…
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In the complex landscape of the Japanese pharmaceutical market, the “status quo” is often the safest harbor. But for leaders like Kennet Brysting, former president of Gilead Japan, the status quo is the most dangerous place to stay.Innovation in Japan…





