Innovation Critical As Japan Pharma Faces Continued Pricing Pressures
Major Japanese pharma companies will add an estimated net $6.6bn in revenues through products launched over the 10-year period to 2027 to generate a combined total of $69.5bn, although average growth will be low, constrained mainly by pricing factors at home.
You may also be interested in...
Although oncology remained strong, Japanese major says it saw multiple impacts from the pandemic, including on hospital visits and clinical trial recruitment, and has already cut its full-year guidance.
Also, Osmotica licenses rights to ophthalmic drug in Japan, China and the EMEA nations to Santen; Lilly and Chi-Med revise their partnership around colorectal cancer drug Elunate.
Private Company Edition: Several drug developers targeting neurological diseases raised venture capital recently. In addition to Nura Bio, Encoded Therapeutics revealed a $135m series D round. Also, Longwood closed a $170m fund and Flagship launched Omega Therapeutics with $85m.