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…
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Lessons Learned from the Firing Line of Interviewing in a Bi-lingual and Bi-cultural Environment
Philip Carrigan Morunda asked numerous long-term expatriates in Japan’s pharmaceutical industry for suggestions for new executives coming to Japan or new companies looking to establish themselves in the world’s second-largest pharmaceutical market. Interviewing candidates is difficult, but when you add…
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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…





