{"id":920571,"date":"2026-10-08T11:30:42","date_gmt":"2026-10-08T11:30:42","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/920571\/"},"modified":"2026-10-08T11:30:42","modified_gmt":"2026-10-08T11:30:42","slug":"japan-wants-a-pharma-boom-it-needs-a-new-strategy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/920571\/","title":{"rendered":"Japan wants a pharma boom. It needs a new strategy."},"content":{"rendered":"<p>Japan wants pharmaceuticals and advanced medicine to drive its next phase of economic growth. But achieving that goal will require more than increased investment. Japan must overcome a regulatory and drug-pricing system that helped build its pharmaceutical industry after the war but has increasingly constrained its competitiveness.<\/p>\n<p>Prime Minister Sanae Takaichi\u2019s administration approved the Japan Growth Strategy in July, designating 17 strategic sectors. Two concern health and medicine: synthetic biology and biotechnology, and drug development and advanced medicine. The administration has made the latter a particular focus of its economic-growth strategy, seeking to strengthen health and medical security through greater public and private investment.<\/p>\n<p>Yet pharmaceuticals face a problem that many other strategic sectors do not. Japan\u2019s postwar regulatory and official drug-pricing systems were designed primarily to ensure the safety, affordability and stable supply of medicines \u2014 not to promote the industry as a strategic economic asset. The challenge now is to align those objectives.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan wants pharmaceuticals and advanced medicine to drive its next phase of economic growth. But achieving that goal&hellip;\n","protected":false},"author":2,"featured_media":920572,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,4880,11810,186149,137,500,1679,196176,62062,4334,130747,17772,1785],"class_list":["post-920571","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-covid-19","tag-defense","tag-fumio-kishida","tag-health","tag-healthcare","tag-medicine","tag-mhlw","tag-national-health-care","tag-pharmaceuticals","tag-sanae-takaichi","tag-shinzo-abe","tag-u-s"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/920571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=920571"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/920571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/920572"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=920571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=920571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=920571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}