A Japanese health ministry proposal to impose steeper price cuts on certain medicines deemed to carry poor cost-effectiveness profiles cleared…
BUSINESS
Sumitomo Offloads Entire Stake in Roivant as Earnings Tank
Amid deteriorating earnings, Sumitomo Pharma is returning its entire stake in Roivant Sciences back to the UK-based company for US$648 million, or around 98 billion yen, with the transaction scheduled for early this month. In its statement on April 2,…
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