Nippon Chemiphar Struggles Despite New Launches
Japanese Company Bogged Down By COVID-19 And NHI Price Revisions
Nippon Chemiphar saw its overall sales drop by 7.9%, dragged down by a fall in generics sales of 9.7%, in its financial first half ended 30 September 2020. The Japanese company’s plan to ride on the success of new launches faltered as it was unable to compensate for the impact of NHI drug price revisions implemented in October 2019 and again in April 2020.
