15:48 - 6.05.2025

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May 6, Fineko/abc.az. U.S. President Donald Trump has signed a decree to support domestic pharmaceutical production.

ABC.AZ informs that in addition, the document shortens the approval time for new enterprises and simplifies regulatory procedures. In the coming weeks, it is planned to introduce import tariffs on medicines to reduce U.S.’ dependence on foreign medicines. This could hit companies from Europe, India and China. In response, pharmaceutical giants such as Johnson & Johnson and Novartis have already announced increased investments in the U.S.