Fujifilm Holdings shares untraded on glut of orders after China says drug works against coronavirus -Kyodo

Shares in Japanese company Fujifilm Holdings Corp 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.

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