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Taisho Pharmaceutical Estimates Higher Sales And Profits

This article was originally published in PharmAsia News

Executive Summary

Tokyo-based Taisho Pharmaceutical revised its forecast upward for the first two quarters of FY 2009 ending September. Company sales are estimated to increase to ¥128 billion, business profit to grow to ¥17 billion and a net profit increase to ¥10 billion, revised from ¥127 billion, ¥16 billion and ¥9.5 billion, respectively. According to the company, sales from new therapeutic drugs launched last year achieved better results than expected. Taisho kept the whole year forecast unchanged. (Click here for more - Japanese language
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