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The latest update is out from Shionogi & Co ( (JP:4507) ).
Shionogi & Co., Ltd. has submitted a supplemental New Drug Application in Japan to expand the use of its oral antiviral drug, ensitrelvir, for treating COVID-19 in pediatric patients aged 6 years and older. This move follows positive Phase 3 study results showing the drug’s safety and efficacy in children, and if approved, it will address the unmet need for oral antiviral treatments in this age group. Ensitrelvir, also known as Xocova® in some markets, has already received emergency and full regulatory approval in Japan and is under review in other regions. The drug has shown promising results in preventing symptomatic COVID-19 in post-exposure scenarios, marking a significant step in Shionogi’s efforts to strengthen its position in the antiviral market.
The most recent analyst rating on (JP:4507) stock is a Hold with a Yen7400.00 price target. To see the full list of analyst forecasts on Shionogi & Co stock, see the JP:4507 Stock Forecast page.
More about Shionogi & Co
Shionogi & Co., Ltd. is a pharmaceutical company based in Osaka, Japan, primarily focused on developing and providing pharmaceutical products, particularly in the area of infectious diseases. The company is known for its research and development of antiviral drugs, including treatments for COVID-19.
YTD Price Performance: 15.65%
Average Trading Volume: 2,588,233
Technical Sentiment Signal: Buy
Current Market Cap: Yen2229.2B
For a thorough assessment of 4507 stock, go to TipRanks’ Stock Analysis page.