BUSINESS

Big 4 Wholesalers’ Operating Margin Sinks to 0.49% on COVID-19, Competition

May 17, 2021
Japan’s top four drug wholesalers suffered dismal earnings in their pharmaceutical wholesale business in FY2020 in the face of COVID-19 and intensified price battles, a Jiho tally showed. Their average operating margin fell far below 1%, which is seen as…

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