BUSINESS

Sumitomo Pharma to Offload Asian Biz to Trader Marubeni

April 2, 2025
Sumitomo Pharma said on April 1 that it is divesting its Asian business to major Japanese trading house Marubeni for roughly 72 billion yen in a deal that forms part of its post-Latuda (lurasidone) turnaround efforts. The Asian business will…

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