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Make Japan Pay Their Fair Share for Drugs, Mr. President
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Make Japan Pay Their Fair Share for Drugs, Mr. President
Donald Trump will soon meet with Japanese Prime Minister Sanae Takaichi. Near the top of the agenda should be an effort to secure a pledge from her to ease Japan’s price controls on US-made brand drugs. UP senior fellow Tomas Philipson makes a compelling case in the Washington Examiner: For decades, Japan, the world’s fifth-largest economy, has artificially suppressed its spending on innovative medicines, effectively freeriding on U.S. rewards f…
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