BUSINESS
MTPC’s Half-Year Sales Dip, but Operating Profit Jumps on Gilenya Royalties
Mitsubishi Tanabe Pharma Corporation (MTPC) logged double-digit growth in its April-September operating profit, buoyed by higher royalty revenues from its multiple sclerosis drug Gilenya (fingolimod) and lower selling, general and administrative costs. The major Japanese drug maker said on October…
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