Novartis is closely monitoring the U.S. reciprocal tariff policy, which may impose 25% tariffs on pharmaceuticals. The company plans to expand in Japan with radiopharmaceutical production by 2026 and recently acquired Mariana Oncology for $1B to strengthen its oncology portfolio.
Swiss pharmaceutical giant Novartis is closely monitoring the potential impact of the United States’ proposed reciprocal tariff policy, which is expected to take shape in early April. Chief Executive Vas Narasimhan confirmed in Tokyo that the company is assessing the implications of the policy, particularly on pharmaceutical imports.
U.S. President Donald Trump recently suggested imposing a 25% tariff on imported pharmaceuticals as part of broader trade measures targeting various industries, including semiconductors and automobiles. The move is part of efforts to restructure global trade dynamics and encourage domestic production.
Meanwhile, Novartis is expanding its footprint in Japan, with plans to commence mass production of radiopharmaceuticals in 2026. These precision cancer treatments offer targeted therapy, a growing focus for the pharmaceutical industry.
Last year, Novartis strengthened its oncology portfolio by acquiring U.S.-based Mariana Oncology for $1 billion upfront. This move enhances its offerings, which include prostate cancer treatment Pluvicto and Lutathera for rare gastrointestinal tumors.
As global trade policies evolve, Novartis continues to navigate regulatory challenges while advancing its commitment to innovative cancer therapies.
Japan has lost its decades long status as the global top creditor to Germany. A recent report suggests that a weakening yen, appreciating euro and American tariffs are responsible.
Five fishermen—three Peruvians and two Colombians—arrived safely in the Galapagos Islands on Saturday after spending 55 days adrift in the Pacific Ocean, according to the Ecuadorian navy.
UN Secretary-General Antonio Guterres and Pakistan's Prime Minister Shehbaz Sharif engaged in their second call this week to discuss rising tensions in South Asia, stressing the need for restraint and diplomatic solutions.
North Korea held its first Pyongyang International Marathon in six years, with foreign runners from China and Ethiopia. The event marked the country's gradual reopening post-pandemic, celebrating Kim Il Sung's birthday. The marathon symbolized North Korea's cautious return to normalcy.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
A US ceasefire plan proposes a 60-day truce and phased hostage exchange. Hamas is reviewing the deal.
The U.S. urges Russia to accept a ceasefire and supports direct talks set for next week in Istanbul.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
A US ceasefire plan proposes a 60-day truce and phased hostage exchange. Hamas is reviewing the deal.
The U.S. urges Russia to accept a ceasefire and supports direct talks set for next week in Istanbul.
At least 21 people, including children, have died in floods triggered by heavy rains in Nigeria’s Niger state, officials said.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
A US ceasefire plan proposes a 60-day truce and phased hostage exchange. Hamas is reviewing the deal.
The U.S. urges Russia to accept a ceasefire and supports direct talks set for next week in Istanbul.
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