BUSINESS

As Latuda Sales Evaporate, Sumitomo Shakes Up Top Brass for Turnaround

By Kohei Hori May 15, 2024
Sumitomo Pharma on May 14 reported an operating loss to the tune of nearly 355 billion yen in FY2023 as per its most recent guidance update last month, battered by a huge patent cliff and underperformances with what it positions…

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