Japan's Fujifilm rides US-China rift to land $3bn biopharma deal

Policy to expand domestic medicine production will drive rapid growth

20250422 Fujifilm Biopharma

Fujifilm's biopharmaceutical plant in Denmark. The Japanese company plans to rapidly expand its U.S. business, and has a new plant opening in North Carolina at the end of the year. (Fujifilm) 

KOHEI YAMADA

TOKYO -- Fujifilm Holdings announced on Tuesday that it has signed a contract worth more than $3 billion to manufacture biologic drugs derived from living organisms in the U.S. for a major American pharmaceutical company.

The 10-year deal with Nasdaq-listed Regeneron Pharmaceuticals comes as U.S. pharmaceutical companies are doubling down on domestic supply in response to economic security policies and tariffs applied by President Donald Trump.

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