A strong performance in its native business and the EU, alongside depreciation of the yen, allowed Japanese generics firm Towa Pharmaceutical Co. Ltd. to deliver a standout first quarter, after experiencing something of a rough ride during the previous financial year.
Sunsho Acquisition Finally Paying Off For Towa
Profits Rose Dramatically For Towa Amid Hostile Business Environment For Japanese Generics
After several lackluster quarters, Towa’s acquisition of Sunsho Pharmaceutical is finally paying off for the Japanese generics firm.
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