Japan's Nikon, others to invest $675m in cutting-edge drug production
KOHEI YAMADA and TATSUYA OZAKI
TOKYO -- Japanese companies such as Nikon and materials maker AGC plan to invest a total of over 100 billion yen ($675 million) by fiscal 2027 to boost production of stem cell-based and other cutting-edge drugs, an area where Japan trails the U.S. and Europe.
Regenerative medicines -- a field that includes products used to re-create lost tissue, gene therapies and CAR T-cell cancer therapies -- are expected to see strong growth.
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