Japan’s government has given up on approving Fujifilm Holdings Corp’s Avigan drug for the treatment of COVID-19 by the end of May, Kyodo News reported late on Monday citing a government official. Prime Minister Shinzo Abe said earlier this month he hoped the drug would be approved some time in May if its efficacy and safety could be confirmed. Fujifilm shares slumped last week after Kyodo reported that an interim study showed no clear evidence of efficacy for Avigan in COVID-19 cases. …read more
Source:: Yahoo Finance
