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Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
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Samsung Biologics to buy US drug production facility from GSK for $280 million
SEOUL: South Korea’s Samsung Biologics said on Monday it is acquiring its first U.S. drug production facility from GSK for $280 million to respond to long-term U.S. market demand. The company’s U.S. unit, Samsung Biologics America, is acquiring a 100% stake in Human Genome Sciences Inc of Rockville, Maryland, the South Korean contract drug manufacturer said in a statement. Samsung Biologics…
Discover how proposed US-EU tariffs could disrupt the pharmaceutical industry, potentially leading to increased drug prices, supply chain issues, and limited patient access to essential medications.
