Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Sumitomo Incurs 77 Billion Yen Operating Loss in FY2022 on Kynmobi Impairment Charge
Sumitomo Pharma closed its books for FY2022 with an operating loss of 77 billion yen, battered by a 54.4-billion-yen impairment charge booked due to the forecast review of Kynmobi (apomorphine), a sluggish Parkinson’s therapy. According to its earnings reported on…
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