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
Otsuka Picks Up Jnana Therapeutics for US$800 Million
Otsuka Pharmaceutical said on August 1 that it is acquiring Boston-based biotech Jnana Therapeutics in a deal worth US$800 million, bagging the potential first-in-class oral treatment for phenylketonuria (PKU), a rare genetic metabolic disease. The transaction is scheduled to close…
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