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…
REGULATORY
ICH Completes Guidelines for Multiregional Clinical Trials; Could Accelerate Simultaneous Global Development
The International Council for Harmonization’s (ICH) new guidelines on multi-regional clinical trials (E17) reached Step 4 (Adoption of an ICH Harmonized Guideline) at an ICH meeting held on November 11-16 in Geneva, the Ministry of Health, Labor and Welfare (MHLW)…
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REGULATORY
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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…





