Back 20 Feb 2026

Sumitomo Pharma shares plunge nearly 16% despite greenlight for Parkinson's treatment ​  

Summary

Sumitomo Pharma shares fell 15.60% despite government endorsement of its iPS cell-based therapy for Parkinson’s and heart disease. The company’s stock, which surged over 300% in 2025, is expected to see limited profit contribution in the near term.

https://www.cnbc.com/2026/02/20/sumitomo-pharma-shares-plunge-despite-greenlight-for-parkinsons-treatment.html