Remicade, Gilenya income boost Mitsubishi Tanabe's 2Q profit
This article was originally published in Scrip
Executive Summary
Remicade (infliximab) contributed to Mitsubishi Tanabe Pharma's (MTP) results for the second quarter ended 30 September in more ways than one. Not only is the anti-TNF antibody the Japanese firm's top-selling product, a $117m arbitration settlement with licensor Janssen earlier this year also provided a healthy fillip to its net profit.
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