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)
