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Global Business News

The Economic Times

Global Business / The Economic Times

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Global drugmakers rush to boost US presence as tariff threat looms

Global drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Companies are investing billions in new plants and expanding existing facilities across America. These moves aim to avoid penalties and ensure supply chains remain robust. Several major pharmaceutical firms have announced significant commitments to domestic manufacturing and research.

15 Jun 2026 4:40 pm