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.
Delhi International Airport Limited (DIAL) has sued the Indian government over the approval of commercial flights from Hindon Airbase, 30 km from the capital's airport. DIAL argues it violates aviation regulations and threatens financial viability, seeking to overturn the decision.
A drone crashed into a landed helicopter at a South Korean military airfield, sparking a fire but causing no casualties. The incident, at Yangju’s Army Aviation Battalion, is under investigation. Authorities are assessing damage and reviewing airspace security.
Islamophobia is a form of fear, prejudice, and hatred that incites threats, insults, provocation, and violence against both Muslims and non-Muslims, both online and offline. As it evolves into structural and cultural racism, it targets Muslim symbols and values.
Vietnam and Singapore have agreed to enhance cooperation in subsea cables, finance, and energy, upgrading their relations to a "comprehensive strategic relationship." They aim to expand digital connectivity and meet the growing demand for data services, with Singapore investing heavily in Vietnam.
RBI seeks applications for a self-regulatory body for account aggregators. The SRO will oversee compliance, ensuring secure financial data-sharing. Eligible entities must apply by 15 June, with at least 25 members from financial providers and users.
Chinese search engine giant Baidu has launched two updated AI models—Ernie 4.5 and Ernie X1—in a bid to bolster its competitive edge in the artificial intelligence market.
China has defended its recent military exercises near Taiwan as a punitive response to what it calls the island’s president’s continued promotion of separatism.
A suspected act of sabotage caused an oil spill near Oslo, with 50-60 tons leaking from a disused transformer station, Norwegian media reported. Authorities have contained much of the spill, but some oil has reached the Sandvikselva River, prompting ongoing cleanup efforts.
The Council of the EU on Monday approved an extra €3.5 billion (approximately $3.8 billion) in financial support for Ukraine, consisting of non-repayable grants and loans, according to a press release from the European Council.
A large number of countries are prepared to deploy peacekeeping troops to Ukraine if a peace deal with Russia is reached, a spokesperson for British Prime Minister Keir Starmer said. More than 30 nations are expected to join the "coalition of the willing" to support Ukraine.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
China has defended its recent military exercises near Taiwan as a punitive response to what it calls the island’s president’s continued promotion of separatism.
A suspected act of sabotage caused an oil spill near Oslo, with 50-60 tons leaking from a disused transformer station, Norwegian media reported. Authorities have contained much of the spill, but some oil has reached the Sandvikselva River, prompting ongoing cleanup efforts.
The Council of the EU on Monday approved an extra €3.5 billion (approximately $3.8 billion) in financial support for Ukraine, consisting of non-repayable grants and loans, according to a press release from the European Council.
A large number of countries are prepared to deploy peacekeeping troops to Ukraine if a peace deal with Russia is reached, a spokesperson for British Prime Minister Keir Starmer said. More than 30 nations are expected to join the "coalition of the willing" to support Ukraine.
China successfully launched eight satellites into space on Tuesday using a commercial Smart Dragon-3 rocket. The launch took place in waters near Haiyang city, Shandong province. All satellites were placed into their planned orbit, marking the fourth mission for the Smart Dragon-3 rocket.
Chinese search engine giant Baidu has launched two updated AI models—Ernie 4.5 and Ernie X1—in a bid to bolster its competitive edge in the artificial intelligence market.
China has defended its recent military exercises near Taiwan as a punitive response to what it calls the island’s president’s continued promotion of separatism.
A suspected act of sabotage caused an oil spill near Oslo, with 50-60 tons leaking from a disused transformer station, Norwegian media reported. Authorities have contained much of the spill, but some oil has reached the Sandvikselva River, prompting ongoing cleanup efforts.
The Council of the EU on Monday approved an extra €3.5 billion (approximately $3.8 billion) in financial support for Ukraine, consisting of non-repayable grants and loans, according to a press release from the European Council.
A large number of countries are prepared to deploy peacekeeping troops to Ukraine if a peace deal with Russia is reached, a spokesperson for British Prime Minister Keir Starmer said. More than 30 nations are expected to join the "coalition of the willing" to support Ukraine.
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