On paper, things should be looking up for Japan’s pharmaceutical wholesalers. Industry expectations are mounting that the average gap between NHI and market prices will narrow further in FY2026 from the previous year’s record low of 4.8%.A shrinking gap should…
ORGANIZATION
PhRMA Raps Japan’s Drug Price Controls as Non-Tariff Trade Barriers, Urges US Govt Action
The Pharmaceutical Research and Manufacturers of America (PhRMA) issued a statement on May 16 calling out the Japanese government’s drug pricing policies as non-tariff trade barriers and leaning on Washinton to prioritize biopharmaceuticals in its trade talks with Tokyo. The…
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ORGANIZATION
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Tariffs have been a defining feature of US trade policy under President Donald Trump’s second administration. Since Trump unveiled his “reciprocal” tariff policy in April 2025, the landscape has shifted repeatedly.In February 2026, the US Supreme Court invalidated tariffs imposed…





