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International relations

US objects to Japan's state-mandated drug prices

Washington urges more 'input' for American pharmaceutical industry

Japan looks to lower prices on cutting-edge therapies to curb overall medical spending.

TOKYO -- The U.S. demanded this week that Japan reassess its system of government-set drug prices, complaining about price cuts often forced on new expensive drugs, a sign that Washington is prepared to intercede on behalf of specific American industries.

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