Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Mitsubishi Tanabe’s Earnings Sink 2-Digits in FY2023 on Backlash from Previous Gilenya Royalties
Mitsubishi Tanabe saw its sales and profits plunge by double-digits in FY2023 through March 2024 primarily because it had logged significant royalties from the multiple sclerosis agent Gilenya (fingolimod) a year earlier. According to its earnings report released on May…
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