P&G transfers Vicks medicated cough drop business in Japan to Taisho Pharmaceutical in deal announced May 14. Under agreement, Taisho obtains perpetual license rights to trademark, formula of Vicks Medicated Drops, as well as rights to all product sales; P&G will continue as contract manufacturer "for the foreseeable future," Taisho says. Firm also becomes exclusive sales agent of VicksVapoRub in Japan, although P&G will continue to manufacture the product. P&G says deal is part of its strategic decision to invest in larger markets; aside from Japan, Vicks Medicated Drops are only sold in India, Indonesia, Singapore and are not among top-selling Vicks offerings...
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Country recommends eights new drugs for approval, including six for rare diseases, and also announces macroeconomic policy the pharma industry says would enable some reimbursement prices to be raised.
The 14 July deadline for the Citeline Japan Awards 2025 in Tokyo is approaching fast, so here's a reminder to take a look at the categories and criteria and be sure to get your submissions in by this date. Sponsorship opportunities and tables for the event are also available.
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