Global drugmakers invest billions to boost U.S. presence
XLV•Company-by-company investment plans
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Pfizer: Pfizer reached a deal with President Donald Trump on Sept. 30 to invest $70 billion in research and development and domestic manufacturing, and received a three-year grace period exempting its products from the pharmaceutical-targeted tariffs.
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GSK: The London-based drugmaker plans to invest $30 billion in U.S. research and development and supply chain infrastructure over five years.
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Eli Lilly: U.S. President Donald Trump said in January that Eli Lilly plans to build six plants in the United States. Lilly said last year that it planned to spend at least $27 billion to build four U.S. plants to expand production and bolster medical supply chains. The company has since announced details on three plants, in Alabama, Virginia and Texas. Lilly in January said it will build a $3.5 billion pharmaceutical manufacturing facility in Pennsylvania, its fourth new site, in an effort to expand U.S. production and bolster medical supply chains.




