Due to tarffis, new warning for EUROPE that $100B in drugs may flee to the US

[Anonymous]

This seems like a massive positive outcome due to the tarriffs:

https://www.fiercepharma.com/pharma/trump-tariffs-drugs-industry-warns-eu-100b-plus-pharma-exodus-us

Look, I am not T cheerleader, but having an absolutely vital industry to national security return to the US to the tune of $100B is a great outcome. This is one area where it was a massive mistake to lose our base in terms of manufacturing. If this outcome comes to fruition, I'd give T the win here, even if it cost some short term 401k dip. If the US has the best market for things like pharma, then make it a requirement to manufacture here if they want to sell here. Chinese do the same stuff but even worse, yet they're never called out on it.

[Anonymous]

“Unless Europe delivers “rapid, radical policy change,” pharmaceutical R&D and manufacturing is “increasingly likely to be directed towards the U.S.,” pharma CEOs in the European Federation of Pharmaceutical Industries and Associations (EFPIA) warned European Commission President Ursula von der Leyen Tuesday.”

It’s a trade group trying to extort concessions from Europe. 100B is not coming to the USA.

[Anonymous]

Anonymous wrote:“Unless Europe delivers “rapid, radical policy change,” pharmaceutical R&D and manufacturing is “increasingly likely to be directed towards the U.S.,” pharma CEOs in the European Federation of Pharmaceutical Industries and Associations (EFPIA) warned European Commission President Ursula von der Leyen Tuesday.”

It’s a trade group trying to extort concessions from Europe. 100B is not coming to the USA.

Because they can read the writing on the wall.

[Anonymous]

Yes I’m sure they will be moving to the country that is gutting medical R&D and all of its health related regulatory agencies. And also is run by an anti-science blowhard who may well turn on a dime and start attacking them and their businesses.

[Anonymous]

Anonymous wrote:Yes I’m sure they will be moving to the country that is gutting medical R&D and all of its health related regulatory agencies. And also is run by an anti-science blowhard who may well turn on a dime and start attacking them and their businesses.

Doesn't matter. US is by far the most important to every single pharma company's bottom line. Period. Pharma themselves can design quality standards, if needed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:“Unless Europe delivers “rapid, radical policy change,” pharmaceutical R&D and manufacturing is “increasingly likely to be directed towards the U.S.,” pharma CEOs in the European Federation of Pharmaceutical Industries and Associations (EFPIA) warned European Commission President Ursula von der Leyen Tuesday.”

It’s a trade group trying to extort concessions from Europe. 100B is not coming to the USA.

Because they can read the writing on the wall.

Well someone sure can read but it’s not you. They are negotiating. They are not actually considering moving to the USA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes I’m sure they will be moving to the country that is gutting medical R&D and all of its health related regulatory agencies. And also is run by an anti-science blowhard who may well turn on a dime and start attacking them and their businesses.

Doesn't matter. US is by far the most important to every single pharma company's bottom line. Period. Pharma themselves can design quality standards, if needed.

Yeah, that’s going to go well

[Anonymous]

Anonymous wrote:This seems like a massive positive outcome due to the tarriffs:

https://www.fiercepharma.com/pharma/trump-tariffs-drugs-industry-warns-eu-100b-plus-pharma-exodus-us

Look, I am not T cheerleader, but having an absolutely vital industry to national security return to the US to the tune of $100B is a great outcome. This is one area where it was a massive mistake to lose our base in terms of manufacturing. If this outcome comes to fruition, I'd give T the win here, even if it cost some short term 401k dip. If the US has the best market for things like pharma, then make it a requirement to manufacture here if they want to sell here. Chinese do the same stuff but even worse, yet they're never called out on it.

Wake the f up. Europe and the US trade is worth over a trillion dollars. That is all going away. The Europeans have been actively recruiting scientists, chemists, etc from all the fired US federal employees and universities scientists, chemist, researchers, etc who have lost grants and federal research dollars. All the drug innovations in the US come from federal grants and research. That is now over. Add in Robert Kennedy and anti science stuff AND NOTHING IS COMING TO THE US.

The article is pure right wing nut job fantasy. No one is investing in manufacturing in the US. The regulatory environment and government interference is too great to invest anything. The Tariff change hourly, the graft and corruption is too expensive. Capital is fleeing the US. The scientific brain drain is huge.

This is the new world order.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes I’m sure they will be moving to the country that is gutting medical R&D and all of its health related regulatory agencies. And also is run by an anti-science blowhard who may well turn on a dime and start attacking them and their businesses.

Doesn't matter. US is by far the most important to every single pharma company's bottom line. Period. Pharma themselves can design quality standards, if needed.

Really? Who is going to continue to subsidize pharma? Medicare is going away and Trump is cutting all research. People will not be able to afford the drugs. We are talking huge reductions in the profit of drug makers. Look for big layoff in that industry. Big Pharma is looking over a cliff.

[Anonymous]

Drugs are exempt from tariffs and I doubt that will change.

[Anonymous]

Anonymous wrote:Drugs are exempt from tariffs and I doubt that will change.

Not what our finest President ever said tonight.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This seems like a massive positive outcome due to the tarriffs:

https://www.fiercepharma.com/pharma/trump-tariffs-drugs-industry-warns-eu-100b-plus-pharma-exodus-us

Look, I am not T cheerleader, but having an absolutely vital industry to national security return to the US to the tune of $100B is a great outcome. This is one area where it was a massive mistake to lose our base in terms of manufacturing. If this outcome comes to fruition, I'd give T the win here, even if it cost some short term 401k dip. If the US has the best market for things like pharma, then make it a requirement to manufacture here if they want to sell here. Chinese do the same stuff but even worse, yet they're never called out on it.

Wake the f up. Europe and the US trade is worth over a trillion dollars. That is all going away. The Europeans have been actively recruiting scientists, chemists, etc from all the fired US federal employees and universities scientists, chemist, researchers, etc who have lost grants and federal research dollars. All the drug innovations in the US come from federal grants and research. That is now over. Add in Robert Kennedy and anti science stuff AND NOTHING IS COMING TO THE US.

The article is pure right wing nut job fantasy. No one is investing in manufacturing in the US. The regulatory environment and government interference is too great to invest anything. The Tariff change hourly, the graft and corruption is too expensive. Capital is fleeing the US. The scientific brain drain is huge.

This is the new world order.

I call BS. If this were true then we wouldn’t be paying the highest drug prices in the world. It costs pennies to manufacture drugs. The high cost is due to patents because it’s private companies making the innovations.

[Anonymous]

Why would tariffs cause a change in research?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This seems like a massive positive outcome due to the tarriffs:

https://www.fiercepharma.com/pharma/trump-tariffs-drugs-industry-warns-eu-100b-plus-pharma-exodus-us

Look, I am not T cheerleader, but having an absolutely vital industry to national security return to the US to the tune of $100B is a great outcome. This is one area where it was a massive mistake to lose our base in terms of manufacturing. If this outcome comes to fruition, I'd give T the win here, even if it cost some short term 401k dip. If the US has the best market for things like pharma, then make it a requirement to manufacture here if they want to sell here. Chinese do the same stuff but even worse, yet they're never called out on it.

Wake the f up. Europe and the US trade is worth over a trillion dollars. That is all going away. The Europeans have been actively recruiting scientists, chemists, etc from all the fired US federal employees and universities scientists, chemist, researchers, etc who have lost grants and federal research dollars. All the drug innovations in the US come from federal grants and research. That is now over. Add in Robert Kennedy and anti science stuff AND NOTHING IS COMING TO THE US.

The article is pure right wing nut job fantasy. No one is investing in manufacturing in the US. The regulatory environment and government interference is too great to invest anything. The Tariff change hourly, the graft and corruption is too expensive. Capital is fleeing the US. The scientific brain drain is huge.

This is the new world order.

I call BS. If this were true then we wouldn’t be paying the highest drug prices in the world. It costs pennies to manufacture drugs. The high cost is due to patents because it’s private companies making the innovations.

Every single drug approved by the FDA 2010-2016 had NIH-funded studies involved. Every one. The basic science behind the innovations happen at med schools and other R1 or R2 institutions that advance the science. Private companies build on established research, then spend years in clinical trials, which is time consuming and expensive.

[Anonymous]

Anonymous wrote:Why would tariffs cause a change in research?

It's manufacturing of drugs that will flee to the US.