BUSINESS

Mitsubishi Tanabe Logs Record Sales, but Profits Sag on Higher R&D/SGA Costs

May 10, 2018
Mitsubishi Tanabe Pharma chalked up a record revenue in FY2017 thanks to its stand-alone sales in the US, but saw double-digit drops on the profit front as it saw higher R&D outlays and an increase in SGA costs following the…

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