Japan relies almost entirely on China for the APIs of β-lactam antibiotics. These drugs are essential for treating infectious diseases…
BUSINESS
Astellas Slashes FY2023 Profit Forecasts on Gene Therapy Impairment Loss
Astellas Pharma on April 12 downwardly revised its consolidated profit outlook for the fiscal year ended March 2024 as it faces a big impairment charge associated with its gene therapy program, AT808, and some other headwinds. While leaving sales guidance…
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