
Trump’s drug cost push helps Astellas win higher price in Japan
Japan, where medicine prices are among the lowest in the most developed nations, has become a critical reference point in U.S. plans to match drug prices with other countries.
The Japan Times
[Tokyo Stock Market Closing]Japanese Stocks End Mixed on AI Concerns—Tech Shares Fall, Pharmaceuticals Rally
Japanese stocks closed mixed as AI and semiconductor shares fell, while pharmaceuticals rallied; BOJ’s Tankan survey improvement fuels rate hike expectations.
Yonhap InfomaxA Japanese employee of Astellas Pharma, who has been sentenced to three years and six months in prison for espionage in China, did not appeal the ruling by a Monday deadline, embassy officials said.
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Astellas employee makes no appeal against conviction in China
A Chinese court said he had been paid to provide information on China's politics and economy to intelligence agencies.
The Japan Times
Astellas employee won't appeal spying conviction in China
A Beijing district court that imposed the prison sentence is believed to have found the man guilty of espionage for providing information to an intelligence agency.
The Japan Times
Japanese firms in China wary after Astellas employee spy conviction
'We don't know what actions (by the Astellas employee) were considered a problem' by Chinese authorities, a senior official of a Japanese manufacturer stationed in Beijing said.
The Japan Times
Chinese court jails Japanese executive after sudden detention for spying
The convicted man, an executive of Japanese drugmaker Astellas Pharma, was detained in March 2023 and charged with espionage in October of that year.
The Japan Times
Chinese court to issue ruling on Japanese businessman
While the Japanese employee of Astellas Pharma was indicted in August last year, the Chinese side has not disclosed details of his charges.
The Japan Times
Asian pharma stocks tumble on Trump signal to cut U.S. drug prices
The U.S. president's social media post put pressure on drug-related stocks on worries their profits will take a hit if they have to reduce prices in the U.S.
The Japan Times
Japanese citizen indicted on suspicion of espionage, China confirms
Chinese prosecutors have indicted a Japanese citizen on suspicion of espionage, China's foreign ministry said.
The Japan Times
New Japan envoy in China meets with national detained over spying
The move followed a meeting in November between his predecessor and the man, a senior Astellas Pharma employee.
The Japan Times