TOKYO, Feb 6 (Reuters) - Shares of Japanese pharmaceutical companies slumped in early Tokyo trading on Friday after U.S. President Donald Trump's website offering discounted prescription medicines went live.
Sumitomo Pharma sank 4.5%, while Roche affiliate Chugai Pharmaceutical lost 3.1%. Takeda Pharmaceutical, Japan's largest drugmaker, declined 1.5%.
Trump on Thursday unveiled TrumpRx.gov following deals struck with 16 of the largest global drugmakers for "most-favoured nation" prices for Americans in exchange for exemptions from U.S. tariffs.
The drugmaker sector lost 1.6% to become the second-worst performer among the Tokyo Stock Exchange's 33 industry sub-indexes.
(Reporting by Rocky Swift in Tokyo; Editing by Sherry Jacob-Phillips)
Roche Holding AG (Roche) is a research-based healthcare company. The Company's operating businesses are organized into two divisions: Pharmaceuticals and Diagnostics. The Pharmaceuticals Division consists of two business segments: Roche Pharmaceuticals and Chugai. The Diagnostics Division consists of four business areas: Diabetes Care, Molecular Diagnostics, Professional Diagnostics and Tissue Diagnostics. The Company develops medicines for various disease areas, including oncology, immunology, infectious diseases, ophthalmology and neuroscience. Its pharmaceutical products include Anaprox, Avastin, Bactrim, Bondronat, CellCept, Cotellic, Dilatrend, Dormicum, Invirase, Kadcyla, Kytril (Kevatril), Lariam, MabThera, Madopar, Neupogen, Pegasys, Perjeta, Pulmozyme, Rocaltrol, Rocephin and Roferon-A. The Company offers products for researchers, including cell analysis, gene expression, genome sequencing and nucleic acid purification.
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