Europe's Pharma Sector Facing Decline Amid U.S. Policies and China's Rise
Published on · Source: cnbc.com

AI Summary
Summarized by AI from the source belowThe pharmaceutical industry in Europe is experiencing significant challenges due to President Trump's trade policies and China's rapid advancements in biotech. Since 1990, Europe’s share of global research and development has decreased from nearly 50% to 26%, while the U.S. share increased to 55%. These changes are prompting global pharmaceutical companies to reconsider their investment strategies, particularly as U.S. tariffs on branded drugs may reach up to 100%. As a result, Europe risks falling behind in critical medicine launches and innovation opportunities.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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