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Japan urged to make pharmaceuticals an economic growth engine

Original: Turning Japan's pharmaceuticals into a driver of economic growth will require regulatory reform, strategic investment an

A Japan Times commentary argues that Japan wants a pharmaceutical boom but must first overhaul its regulatory framework, direct strategic investment into the sector and pursue a stronger industrial policy. The piece frames drug development as a potential pillar of economic growth, saying current rules and funding structures hold the industry back. It comes amid wider debate in Japan about reviving competitiveness and building new growth industries.

Why now: Debate over how Japan can revive economic growth by turning its pharmaceutical industry into a strategic sector.

JapanThe Japan TimesJapan's pharmaceutical industry

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Evidence

• Turning Japan's pharmaceuticals into a driver of economic growth will require regulatory reform, strategic investment and a stronger industrial policy. https://www. japantimes.co.jp/commentary/20 26/10/05/japan/japan-wants-pharma-boom/?utm_medium=Social&utm_source=mastodon #… · thejapantimes · 3

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