Hiroshi Nomura, Sumitomo president and CEO

Sum­it­o­mo and Ot­su­ka schiz­o­phre­nia as­set flunks PhI­II, com­pa­nies blame Covid-19 in­duced place­bo ef­fect

Sum­it­o­mo and Ot­su­ka’s schiz­o­phre­nia can­di­date ulotaront failed its Phase III test, with the com­pa­nies say­ing that the Covid-19 pan­dem­ic pushed the place­bo ef­fect to high­er …

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