Japan relies almost entirely on China for the APIs of β-lactam antibiotics. These drugs are essential for treating infectious diseases…
BUSINESS
Sumitomo’s FY2023 Operating Loss Outlook Swells to 354.9 Billion Yen
Sumitomo Pharma on April 30 downwardly revised its consolidated financial projection for the fiscal year ended March 2024, shoving its projected deficit to higher levels as it expects to record large impairment losses and restructuring costs for a subsidiary. The…
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