BUSINESS

Sawai and Towa Profits Tank 50% on Flat Sales in Japan: FY2022 Earnings

By Kazuhiro Chiboshi May 22, 2023
Two leading Japanese generic makers, Sawai Group Holdings and Towa Pharmaceutical saw their domestic revenue virtually level off in their consolidated scorecards for the fiscal year ended March 2023, but profits plunged by half. In its Japanese business, Sawai posted…

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