A total of 43 innovative new medicines are anticipated to be approved or listed in Japan this year, according to a survey by Jiho. At the center of attention are some highly innovative, but probably ultra-expensive, gene therapies, as well…
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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