BUSINESS
Espha to Reinvest AG Profits into New Biz after Reform; Xarelto AG Logs 19 Billion Yen
Daiichi Sankyo Espha plans to channel profits from existing authorized generics (AGs) into new business areas such as long-listed product (LLP) takeovers, as Japan’s FY2026 drug pricing reform is expected to curb the launch of new AGs. Major pharmacy operator…
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The Wednesday TableShe had been on virtual calls since eight in the morning. The screen glowed. Her eyes burned. Plugged into Teams across time zones, she was digitally connected yet entirely isolated from the reality of Japan’s pharma market.She needed…





