ORGANIZATION

PhRMA Warns Japan Launches Could Erode Global Revenues amid US MFN Policy

By Kohei Hori and Ken Yoshino April 20, 2026
The Pharmaceutical Research and Manufacturers of America (PhRMA) raised alarm over Tokyo’s response to the US most-favored-nation (MFN) pricing policy on April 17, warning that failure to act could make drug launches in Japan less commercially viable. Speaking at a…

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