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2025 - Title: Diversifying Beyond the USA: The Future of the Swiss Pharmaceutical Industry

Summary by News Text Area
US tariffs on pharmaceuticals, effective April 2, have raised concerns within the industry, as medications will no longer enter the country duty-free. This protectionist approach threatens the lucrative US market, prompting companies like Pfizer and Eli Lilly to shift production to the US. While this poses challenges for Switzerland, where the pharmaceutical sector thrives on US exports, opportunities in Asian markets are emerging due to increas…
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News Text Area broke the news in on Monday, March 24, 2025.
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