Nippon Chemiphar Is Managing To Slow Its Decline

As Company Credits Structural Reforms For Generating Operating Income

Japan’s Nippon Chemiphar has managed to reduce its rate of decline in pharmaceutical sales in the third quarter of FY21, on the back of well-performing recently-launched generics and group-wide structural reforms and cost reductions. The company is making no changes to its full-year forecast. 

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Nippon Chemiphar’s rate of YoY decline falls from 7.5% to 3% • Source: Shutterstock

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