The Ministry of Health, Labor and Welfare (MHLW) on December 12 presented a draft outline of the FY2026 drug pricing…
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BASF Sells Pharma Business to Abbott
The world's largest chemical company, BASF, announced through BASF Japan on December 18 that it will sell its pharma business, BASF Pharma, to Abbott Laboratories in Illinois, for US$6.9 billion. An agreement for this purpose was signed on December 14.…
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Japan has presented its latest draft policy direction for its FY2026 drug pricing reform. While the package includes a string…
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Japan’s Central Social Insurance Medical Council (Chuikyo) on November 5 approved the reimbursement listing for a slate of new medicines,…
The Japanese government on March 7 announced new NHI prices to be applied in the FY2025 drug price revision, revealing…
The Japanese government approved a bill to amend the Pharmaceuticals and Medical Devices (PMD) Act at its Cabinet meeting on…
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Japan’s all-important reimbursement policy panel on December 20 approved an outline of drug pricing reforms for FY2024, which enshrines a…