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Sawai Pharmaceutical's First Quarter Profit Doubles

This article was originally published in PharmAsia News

Executive Summary

Japan's largest generic drug maker Sawai Pharmaceutical announced Aug. 7 positive results for the quarter. Company profit doubled to ¥1.85 billion compared to the same period last year. Sawai cited the further expanding generic drug market in Japan stimulated by the government policy to constrain medical cost growth, and a May market launch for new products instead of July in last year's case. The company's share price jumped due to the news. (Click here for more - Japanese language

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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