Shionogi shares plunge 15% on pregnancy risk concern for Covid pill


Shionogi last month signed a basic agreement to sell the drug to the Japanese government. - Reuters

TOKYO (Reuters): Shares of Shionogi & Co plunged in Tokyo trading on Wednesday (April 13) amid concerns that the drugmaker's oral treatment for Covid-19, which is still awaiting approval from regulators, could pose pregnancy risks.

Shionogi does not recommend use of the pill during pregnancy based on the preclinical data showing a link to birth defects, the company said through a spokesperson.

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Japan , Shionogi , shares , covid-19 , pill , pregnancy , risk

   

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