{"id":495769,"date":"2026-02-22T01:14:18","date_gmt":"2026-02-22T01:14:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/495769\/"},"modified":"2026-02-22T01:14:18","modified_gmt":"2026-02-22T01:14:18","slug":"sumitomo-pharma-shares-drop-after-stem-therapy-backing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/495769\/","title":{"rendered":"Sumitomo Pharma Shares Drop After Stem-Therapy Backing"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/4506:JP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Sumitomo Pharma Co.<\/a> shares declined after a Japanese government panel endorsed a conditional approval for its regenerative therapy, built on technology pioneered by a Nobel Prize laureate.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The stock fell as much as 14.4% in morning trading on Friday on what appeared to be profit-taking after the company was granted a seven-year clearance, with additional data to be collected during the approval period. \u201cReports of the smooth green-lighting of the drugs could lead to some profit-taking in the short term,\u201d Morgan Stanley MUFG analysts including Shinichiro Muraoka wrote in a report.<\/p>\n","protected":false},"excerpt":{"rendered":"Sumitomo Pharma Co. shares declined after a Japanese government panel endorsed a conditional approval for its regenerative therapy,&hellip;\n","protected":false},"author":2,"featured_media":495770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,107214,249800,1730,3786,137,500,941,171,29346,22383,22606,16570,130747],"class_list":{"0":"post-495769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-au","9":"tag-australia","10":"tag-citigroup-inc","11":"tag-cuorips-inc","12":"tag-drugs","13":"tag-government","14":"tag-health","15":"tag-healthcare","16":"tag-japan","17":"tag-markets","18":"tag-morgan-stanley","19":"tag-nobel-prize","20":"tag-pharmaceutical","21":"tag-regulation","22":"tag-sanae-takaichi"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/495769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=495769"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/495769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/495770"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=495769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=495769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=495769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}