FILE PHOTO: Fujifilm’s company logo (top) is seen at its exhibition hall nearby the headquarters of Fujifilm Holdings Corp in Tokyo, Japan June 12, 2017. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Shares in Japanese company Fujifilm Holdings Corp (4901.T) were untraded due to a glut of buy orders after Kyodo news agency reported on Wednesday that China said the company’s Avigan drug works against coronavirus.
Avigan, an anti-flu drug, is manufactured by one of the company’s subsidiaries. Kyodo reported that Chinese scientists have verified the drug’s effectiveness against the novel coronavirus in testing.
Reporting by Tomo Uetake; Writing by Elaine Lies; Editing by Tom Hogue
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