COMMENTARY
Was Weak Yen a Plus for April-Sept. Earnings? Profits Partly Canceled Out by Higher R&D, Import Costs
The Japanese pharmaceutical market suffered a “triple whammy” in the first half of FY2014 due to inroads by generic drugs, NHI price reductions, and the repercussions from a sale tax hike in April. Actually, however, there was another special factor…
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COMMENTARY
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We had just gotten off a call with a client in Europe, and we’d received a bit of an earful. “Philip,” the client pressed, “what can this candidate bring to us? We know what he does, but what has he…





