Meiji Holdings Co (JP:2269) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Meiji Holdings Co. subsidiary Meiji Seika Pharma Co., Ltd. has obtained approval in Japan for a partial amendment to manufacture and market its self-amplifying mRNA COVID-19 vaccine, KOSTAIVE®, tailored to the Omicron subvariant JN.1. The vaccine, which has demonstrated a strong immune response and good tolerability in clinical trials, is slated for distribution in the upcoming 2024/2025 season in a 16-dose vial format. This development is not expected to affect the company’s consolidated earnings forecast for the fiscal year ending March 2025.
For further insights into JP:2269 stock, check out TipRanks’ Stock Analysis page.