Pharma Giants Bolster U.S. Manufacturing Amid Tariff Threats

Global pharmaceutical firms are ramping up their U.S. manufacturing efforts in response to the Trump administration's potential tariffs on drug imports. These actions come as companies aim to protect their interests and reduce vulnerability to overseas market fluctuations.

Drugmakers with significant operations in the UK, EU, South Korea, and Japan are positioned advantageously due to existing trade agreements capping tariffs. For others, uncertainty looms as negotiations with the U.S. continue. Companies are strategically investing billions in the U.S. to solidify their supply chains and calm investor concerns.

Leading the charge, U.S. giants like Eli Lilly, Roche, and AstraZeneca are committing substantial resources to establish or expand manufacturing facilities. These investments are poised to create significant employment opportunities and enhance domestic production capabilities, easing reliance on international sites.

(With inputs from agencies.)