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Towa Aims To Restore Japanese Trust In Generics Quality

‘Future Of Generics Companies Are Worrisome’

 
• By Dean Rudge

Japan’s Towa Pharmaceutical has published its fifth mid-term business plan, alongside financial results for the 12 months ended 31 March 2021.

Japanese flag
Towa also reported FY2021 Financial Results • Source: Shutterstock

Upgrading the company’s domestic generic business “as a core” is among targets outlined by Japan’s Towa Pharmaceutical in a new three-year business plan stretching to April 2024, although the firm recognizes it must “secure stable supply and provide appropriate information based on thorough manufacturing control and quality control to regain trust in generics.”

With generic penetration in Japan reaching 79

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