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…
Foreign Company Partners Become CompetitorsP. Reed MaurerI am not making this up. A foreign company announced a Japanese company acquisition, thus increasing its capability to market an enviable pipeline of products. The foreign president dutifully called on his counterpart in…
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COLUMN
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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…





