Seikagaku Softens Year of Declines with Strong FY 4Q20

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Seikagaku reported FY 4Q20 orthopedic revenue of USD $32.3 million, +31.8% vs. FY 4Q19 with full-year FY 2020 revenue of $125.3 million, -9.6% vs. 2019. The company’s fourth quarter, ending March 31, showed substantial sequential improvement but couldn’t offset the impact of drug price reductions in Japan and pandemic-related decreases in...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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