Trump vows sweeping tariffs on oil, pharmaceuticals and semiconductors
Trump pledged on Friday to impose a semiconductor chip, pharmaceutical, steel, aluminum, oil and gas. “We are doing pharmaceuticals. The important thing is drugs and medicines. Every form of medicine and pharmaceuticals,” Trump said. “And we are very important, we are doing steel, and we are related to chips and chips.” President said he was […]
Trump tariffs threaten pharmaceuticals
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text What will change for USPS in 2025? The United States Postal Service (USPS) plans to increase shipping fees in early 2025, while […]
Capsules from Glenmark Pharmaceuticals recalled over health risks
A total of 135 batches of the capsules have been recalled from consumers due to fears that the defective drug could cause cardiac arrest, according to federal officials. Glenmark Pharmaceuticals Inc. has recalled 114 batches of potassium chloride extended-release capsules, and American Health Packaging Co. recalled 21 batches of the same capsules last week on […]
Novo Nordisk parent buys US drug firm for $16.5bn to expand Wegovy supply | Pharmaceuticals industry
The explosion in demand for the weight-loss drug Wegoby has prompted the holding company of its maker, Novo Nordisk, to buy the US-based drug giant for $16.5 billion ($12.70) and end its production capacity. Novo Holdings has acquired New Jersey-based pharmaceutical company Catalent, which it plans to immediately sell three of its locations in the […]