Regulatory changes shift Asia’s drug manufacturing base away from Japan
It’s amazing what a difference a decade can make. In 2003, Japan and Singapore were the only countries in the Asia-Pacific region that exported more than $1 billion worth of drugs to the U.S. Japan shipped about $2.9 billion worth of “medicinal, dental and pharmaceutical preparations,” and Singapore exported drug products valued at nearly $1.6 billion, according to the U.S. Census Bureau.
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