Remove 2028 Remove Drug Development Remove Drug Pricing
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Japan aims to rejuvenate pharma landscape with new Govt fund and policy reforms: GlobalData

Express Pharma

Japans Ministry of Health, Labor, and Welfare (MHLW) announced a new 10-year government fund in January 2025 to support innovative drug development. Financial pressures from the rising healthcare costs have led to strict drug pricing reforms, pushing pharma companies to develop cost-effective solutions.