Japan to tighten foreign investment regulations on medical fields

Japan on Monday added medical fields to the list of domestic industrial sectors subject to foreign investment restrictions to maintain domestic control over cutting-edge technologies including those related to dealing with the coronavirus pandemic.The tighter controls on pharmaceutical products and advanced medical equipment under the foreign exchange and foreign trade law will take effect on July 15, the Finance Ministry said.The foreign investment regulations already cover a dozen sectors including nuclear power, arms production and cybersecurity.The law requires foreign investors to noti…READ FULL ARTICLE