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Sawai Outlook Improves But Japanese Generics Continue To Suffer Under NHI Price Cuts

Prospect Of Regulatory Reform For Japanese Generics Remains Uncertain

 
• By Chloe Kent

Japanese generics giant Sawai appears to be turning a corner, but the impact of National Health Insurance pricing revisions continues to hold the firm – and the rest of the country’s generics industry – back.

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• Source: Shutterstock

The first quarter of the new financial year saw Sawai Pharmaceutical Co., Ltd.’s outlook improve, but National Health Insurance drug price revisions continue to take a toll on Japan’s generics industry with uncertainty surrounding any forthcoming reform.

Steady growth was made across the business in line with forecasts, with sales up 11.5% year-on-year in Japan to ¥43.2bn ($294m) due to the increase in sales of products launched in FY2022 and the passing on of higher input costs for lower-priced products

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