Caixin
Jul 05, 2024 04:47 PM
BUSINESS

Japan to Subsidize Antibiotics Supply Chain to Reduce China Exposure

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Whether Japan can sustain domestic production of active ingredients over the long term with subsidies alone is unclear. Photo: VCG
Whether Japan can sustain domestic production of active ingredients over the long term with subsidies alone is unclear. Photo: VCG

(Nikkei Asia) — Japan will soon move to support the domestic antibiotics industry as part of public and private efforts to reduce the supply chain's heavy exposure to China.

The measures will include subsidies to makers of active ingredients. A government purchasing scheme is also planned. The new program will be created as early as the current fiscal year.

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