Solasia Pharma KK (JP:4597) has released an update.
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Solasia Pharma K.K. has revised its earnings forecast for 2024, anticipating a significant decrease in revenue due to sluggish product shipments and delays in out-licensing DARVIAS® in China. The company now expects an operating loss of 1,150 million yen, driven by reduced revenue expectations and lower R&D and SG&A expenses. Solasia remains focused on finalizing licensing agreements for DARVIAS® in China and other regions as a priority.
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