4 stories mentioning TYO:4507
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Shionogi & Co (TYO:4507) has an average rating of overweight and mean price target of 3,392.31 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
The US Food and Drug Administration approved Shionogi & Co's (TYO:4507) Xocova or ensitrelvir as the first and only oral antiviral for post-exposure prophylaxis of COVID-19 in individuals aged 12 and older, according to a Tokyo bourse filing on Monday.The approval, which came ahead of the June 16 Prescription Drug User Fee Act action date, was supported by Phase 3 Scorpio-PEP trial results, which showed a 67% reduction in symptomatic COVID-19 risk following exposure compared to placebo.The treatment was generally well tolerated, with adverse event rates similar to placebo, and no reports of altered taste attributed to the drug.
Shionogi & Co's (TYO:4507) oral antiviral ensitrelvir significantly reduced the risk of COVID-19 infection among household contacts of infected patients in a phase 3 post-exposure prophylaxis trial, according to study results published Wednesday.The randomized, double-blind, placebo-controlled study enrolled more than 2,000 participants across Japan, assigning them to receive either ensitrelvir or placebo within 72 hours of symptom onset in an index case. By day 10, COVID-19 occurred in 2.9% of those receiving ensitrelvir versus 9.0% in the placebo group, corresponding to a risk reduction of about 67%.The safety profile was broadly comparable between the two groups, with similar rates of adverse events and no COVID-19-related hospitalisations or deaths reported during the trial.Ensitrelvir is already approved in Japan for the treatment of mild-to-moderate COVID-19, and the company said the findings support its potential use in preventing infection following household exposure.
Shionogi & Co (TYO:4507) will absorb its wholly owned subsidiary Torii Pharmaceutical through an absorption-type merger effective April 1, 2027, as it moves to strengthen integration and decision-making, according to a Monday filing on the Tokyo Stock Exchange.The companies signed the merger agreement on April 27 following board approval the same day.Shionogi will remain the surviving entity, while Torii Pharmaceutical will be dissolved, with no new shares or cash consideration issued as part of the transaction.The company said the merger will deepen collaboration and enhance synergies, particularly in therapeutic areas such as allergy and dermatology.