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
MTPC Royalties Reach 19.5 Billion Yen from Out-Licensed Gilenya
Mitsubishi Tanabe Pharma Corporation (MTPC)’s royalties have been rapidly growing thanks to favorable sales of its multiple sclerosis treatment Gilenya (fingolimod), which was licensed to Novartis AG of Switzerland. Royalties from Gilenya spiked to 19.5 billion yen in FY2012 from…
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