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 to Acquire Transcend for US$700 Million, Snags PTSD Candidate
Otsuka Pharmaceutical said on March 27 that it will acquire US biotech Transcend Therapeutics for US$700 million through its subsidiary Otsuka America, adding a clinical-stage post-traumatic stress disorder (PTSD) candidate to its pipeline. The deal, expected to close in the…
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