BUSINESS

Kyowa Kirin Pulls Plug on Stand-Alone Sales in China, Retools Asian Strategy

By Sakura Kono August 2, 2024
Kyowa Kirin is ceasing the stand-alone development and marketing of pharmaceuticals in China. Amid regulatory challenges and generic erosion concerns, the company has decided to sell its Chinese business to a Hong Kong peer for 720 million yuan, or roughly…

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