Japanese Pharmaceutical Industry: Recent Perspectives and Areas for Further Research

Authors

  • Shoyo Shibata University of Tsukuba http://orcid.org/0000-0002-8152-7546
  • Koken Ozaki Graduate School of Business Sciences, Humanities, and Social Sciences, University of Tsukuba
  • Takeshi Suzuki Education Research Center for Pharmaceutical Sciences, Faculty of Pharmacy, Keio University

DOI:

https://doi.org/10.21423/JRS-V08SHOYO

Keywords:

Japan, pharmaceutical industry, drug pricing, regulatory science, clinical development, marketing strategy

Abstract

The Japanese pharmaceutical market is one of the largest in the world. The Japanese government has increasingly been trying to control rising health care costs, and as a result, pharmaceutical companies are expecting that fewer opportunities will be available to command a higher price based on higher levels of innovation; this will likely lead to decreased interest in research and development (R&D) activities. With this background, the purpose of this article is to review current perspectives for R&D by the Japanese pharmaceutical industry, and to discuss the limitations and challenges for further research from the regulatory science and management perspectives. Given the substantial amount of evidence of regulatory science and management perspectives from the pharmaceutical industry outside of Japan and the limited amount of evidence from inside of Japan, it is important to review perspectives focusing on the Japanese pharmaceutical industry in comparison with those from other countries to understand the complexities of the Japanese pharmaceutical market, as well as the limitations and challenges associated with increasing productivity.

https://doi.org/10.21423/jrs-v08shoyo

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2020-11-08

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