The continued weakness of the yen had both a positive and negative impact on sales and costs outside Japan, respectively, as major Japanese firms reported their financial results for the fiscal first quarter ended 30 June.
Japan Q1 Roundup: High Hopes For Leqembi And Veozah, Forex Give And Take
Entyvio SC In Wings
Daiichi Sankyo, Chugai and Shionogi all marked double-digit revenue growth in the fiscal first quarter, while Astellas and Takeda saw some slow down. New products including Veozah and Leqembi buoyed performances, while the the expected upcoming US approval of a subcutaneous formulation may help restore Entyvio’s growth trajectory.
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