Japan seeks more cutting-edge treatments with better drug price support

Changes aim to encourage foreign pharma startups to enter market

20231212N prescription drugs

Novel treatments available overseas typically take a long time to go on sale in Japan, if they do at all. (Photo by Yutaka Miyaguchi)

AYAKA OTAKA, Nikkei staff writer

TOKYO -- The Japanese government plans to expand support for new prescription drug prices in a bid to create a more welcoming market for international pharmaceutical startups, Nikkei has learned.

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