Japan's Nikon, others to invest $675m in cutting-edge drug production

Companies look to tap rising demand for regenerative medicines

20250728N Pharmaceuticals

Nikon and other companies produce advanced therapies, some using stem cells, on a contract basis. (Photo obtained by Nikkei)

KOHEI YAMADA and TATSUYA OZAKI

TOKYO -- Japanese companies such as Nikon and materials maker AGC plan to invest a total of over 100 billion yen ($675 million) by fiscal 2027 to boost production of stem cell-based and other cutting-edge drugs, an area where Japan trails the U.S. and Europe.

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