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…
BUSINESS
Sumitomo Dainippon Halts Development of FXR Agonist in Japan, South Korea
Sumitomo Dainippon Pharma said on February 15 that it will terminate the development of the farnesoid X receptor (FXR) agonist DSP-1747 (obeticholic acid) in Japan and South Korea. The company will return the exclusive rights to develop and commercialize the…
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