Japan’s Ministry of Health, Labor and Welfare (MHLW) on March 5 unveiled the revised NHI prices for drugs subject to…
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Pharma Industry Invested \906.7 Bil. in R&D in FY2004
A survey by the Ministry of Internal Affairs and Communications or Somusho reemphasizes the fact that the pharmaceutical industry invests more in R&D as a percentage of sales than other industries. It invested \906.7 billion in R&D in FY2004 (+2.6%…
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