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BUSINESS
Mitsubishi Tanabe Logs 38% Growth in Full-Year Sales, Returns to Profitability on Gilenya Royalties
Mitsubishi Tanabe Pharma saw its sales jump nearly 40% in the fiscal year ended March 2023 by recognizing a bulk sum of royalty payments for its multiple sclerosis drug Gilenya (fingolimod). The royalties had not been logged as revenue in…
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