Fujifilm shares down 5% on negative Avigan report

Potential coronavirus treatment needs more data and further clinical trials

20200520 avigan and fujifilm

Shares in Fujifilm Holdings fell nearly 5% on Wednesday morning, following reports that the medicine does not show efficacy in fighting COVID-19. (photo by Takaki Kashiwabara)

Nikkei staff writers

TOKYO -- Shares in Fujifilm Holdings fell nearly 5% Wednesday morning, following reports that clinical trials have shown no clear evidence of its flu drug Avigan being effective in treating coronavirus patients.

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