As major Japanese drug makers are introducing or considering the introduction of the International Financial Reporting Standards (IFRS), the move is likely to bring about big changes to their accounting procedures for goodwill and R&D costs tied to in-licensed products.…
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A few weeks ago, I had coffee with a very talented executive. Let’s call him Kenji. He has a great job, a big salary, and a solid team. But he was unhappy. He felt bored and wanted a new challenge.…





