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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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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