Astellas Pharma, Inc. will book an impairment loss totalling JPY58.3bn ($437m) in the fourth quarter of its fiscal year just ended on 31 March, in a decision set to dent its previously forecast profit figures as it adjusts for disappointing sales of kidney disease drug Evrenzo, drops a hearing loss candidate and ends a T-cell deal with a UK partner.
The company’s share price on the Tokyo Stock Exchange opened lower on 12 April following the news, but recovered as...





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