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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  FUJIFILM Holdings Corporation    4901   JP3814000000

FUJIFILM HOLDINGS CORPORATION

(4901)
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Fujifilm partners Shanghai firm to seek China COVID-19 approval for Avigan

10/21/2020 | 11:50pm EST

TOKYO, Oct 22 (Reuters) - Japan's Fujifilm Holdings Corp said on Thursday it has partnered with Shanghai-based Carelink Pharmaceutical Co to seek approval in China for Avigan to treat COVID-19 and influenza.

Carelink will use Fujifilm's data on Avigan's treatment of novel coronavirus infections and influenza to seek imported drug approval in China, Fujifilm said in a statement. The two companies also plan to develop an injectable form of the drug.

Fujifilm said last week it was seeking approval for Avigan as a treatment for COVID-19 in Japan. That followed results from a late-stage study in Japan that showed the antiviral drug reduced recovery time for patients with non-severe symptoms.

Avigan, originally developed as an emergency flu drug and known generically worldwide as favipiravir, has been approved in India and Russia to treat COVID-19.

Fujifilm sold global rights in July on Avigan to India's Dr Reddy's Laboratories and Dubai-based Global Response Aid. That deal excluded China, Japan and Russia.

Last month, Fujifilm said the late-stage study of 156 COVID-19 patients in Japan showed that symptoms of those treated with Avigan improved after 11.9 days, versus 14.7 days for a placebo group.

Results of the study, conducted by subsidiary Fujifilm Toyama Chemical, were found to be statistically significant. (Reporting by Rocky Swift; Editing by Christian Schmollinger and Muralikumar Anantharaman)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
DR. REDDY'S LABORATORIES LIMITED 1.55% 4924.5 End-of-day quote.71.16%
FUJIFILM HOLDINGS CORPORATION 1.60% 5768 End-of-day quote.10.29%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.21% 74.417 Delayed Quote.21.05%
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10/21Fujifilm partners Shanghai firm to seek China COVID-19 approval for Avigan
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10/19Fujifilm seeks approval for Avigan as COVID-19 treatment in Japan
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10/16Fujifilm seeks approval for Avigan as COVID-19 treatment in Japan
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Financials
Sales 2021 2 200 B 21 173 M 21 173 M
Net income 2021 127 B 1 223 M 1 223 M
Net Debt 2021 170 B 1 633 M 1 633 M
P/E ratio 2021 18,1x
Yield 2021 1,67%
Capitalization 2 306 B 22 209 M 22 196 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,05x
Nbr of Employees 73 906
Free-Float 73,8%
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Technical analysis trends FUJIFILM HOLDINGS CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 6 164,67 JPY
Last Close Price 5 768,00 JPY
Spread / Highest target 19,6%
Spread / Average Target 6,88%
Spread / Lowest Target -13,0%
EPS Revisions
Managers
NameTitle
Shigetaka Komori Chairman & Group Chief Executive Officer
Kenji Sukeno President, Group COO & Representative Director
Takashi Iwasaki Director & Chief Technology Officer
Kouichi Tamai Director & Vice President
Takatoshi Ishikawa Director
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