BUSINESS

Astellas’ Half-Year Operating Profit Down 38.8% on LLP Divestiture, Micardis Gx Erosion

November 1, 2017
Astellas Pharma saw its group operating profit slide 38.8% in April-September as it offloaded its global dermatology franchise and older established assets, while facing generic competition for its heavyweight hypertension med Micardis (telmisartan). In the first half of FY2017 ending…

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