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Japanese pharmaceutical stocks tumble as Trump launches discount drug website

Japanese pharmaceutical shares slumped on Friday after the launch of a new U.S. website offering discounted medicines. The site follows deals to lower prices.

Insights:
United States USUS President Donald Trump donald trump has unveiled TrumpRx.gov, a new website offering discounted prescription medicines, an event that coincided with a notable decline in the pharmaceutical sector during early Tokyo trading today. The launch of the platform occurred during market hours and corresponded with immediate selling pressure across the industry in Japan JPJP.
U.S. President Donald Trump speaks during an event unveiling the TrumpRx drug discount site in the South Court Auditorium on the White House campus in Washington, D.C., U.S., on February 5, 2026. REUTERS/Al Drago
U.S. President Donald Trump speaks during an event unveiling the TrumpRx drug discount site in the South Court Auditorium on the White House campus in Washington, D.C., U.S., on February 5, 2026. REUTERS/Al Drago
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