Healthcare Consolidation
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Japan’s Pharmaceutical and Medical Supplies Distribution Sector and M&A: Consolidation Under Drug-Pricing Reform, Generic Supply Disruption and Activist Pressure
Japan’s pharmaceutical and medical supplies distribution sectors form a critical part of the country’s healthcare supply chain, yet they face a combination of structural pressures that are not always visible from outside Japan. According to the Federation of Japan Pharmaceutical Wholesalers Associations’ Pharmaceutical Wholesalers Association Guide 2025, pharmaceutical sales by its member companies totaled USD…