tiprankstipranks
Trending News
More News >

Fuso Pharmaceutical Appeals Patent Infringement Ruling

Story Highlights
Fuso Pharmaceutical Appeals Patent Infringement Ruling

Confident Investing Starts Here:

Fuso Pharmaceutical Industries,Ltd. ( (JP:4538) ) has issued an update.

Fuso Pharmaceutical Industries, Ltd. has filed an appeal with the Supreme Court following a judgment in a patent infringement lawsuit involving their oral antipruritus agent, Nalfurafine Hydrochloride OD Tablets. The Intellectual Property High Court had previously ruled in favor of Toray Industries, Inc., ordering Fuso to pay over 7 billion yen in damages. The company maintains that their product does not infringe on Toray’s patent rights and is seeking a reversal of the decision.

More about Fuso Pharmaceutical Industries,Ltd.

Fuso Pharmaceutical Industries, Ltd. operates in the pharmaceutical industry, focusing on the development and production of pharmaceutical products. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its oral antipruritus agent, among other products.

Average Trading Volume: 25,406

Technical Sentiment Signal: Sell

Current Market Cap: Yen18.76B

Learn more about 4538 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1