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…
ORGANIZATION
JPMA, PhRMA Raise Alarm over Generic Approvals During Patent Extensions
Japan’s research-based pharmaceutical industry and its US counterpart are pushing back against recent approvals of generic medicines during extended patent terms, arguing that the trend undermines incentives for drug innovation and discourages R&D investments. The Japan Pharmaceutical Manufacturers Association (JPMA)…
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