Companies / Japan
Observers Optimistic On Takeda Profits
October 2006 | Company Finance AlertA report published in leading Japanese business newspaper Nihon Keizai claims that leading indigenous drugmaker Takeda's recurring profit could exceed JPY500bn (US$4.2bn) this financial year - more than expected. Diabetes drug Actos (pioglitazone) is expected to drive sales growth of some 5%. Takeda reported a 26.3% jump in revenues from the product to JPY243.8bn (US$2.2bn) last
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