Global Drugmakers Earmark Billions to Ramp Up Their US Footprint
Dozens of global drugmakers are ramping up their investments in the United States in a bid to sidestep the planned tariffs on drug imports. In total, ongoing investments and planned expansions amount to approximately $500 billion. These planned investments are intended to not only reassure investors but also mitigate risks linked to global supply chains, such as the evolving tariff environment. Last September, Pfizer engaged in discussions with Trump, and the drugmaker undertook to invest about $70 billion in domestic R&D as well as manufacturing. In exchange, Trump granted the company an exemption of three years from any tariffs that are imposed on drug imports into…











