Merck says that it will also clear out its laboratories in the London Bioscience Innovation Centre and the Francis Crick Institute by the end of 2025. 

As climate change has intensified the risks posed by hurricanes in the Southeast, hospitals and their suppliers will have to prepare for a future of disruptions to their supply chains.

Lutnick’s remarks come ahead of another meeting between U.S. and Swiss officials after failed trade talks last month resulted in a 39% tariff rate for the European country.

The judges let the levies stay in place while the case proceeds, threatening to freeze corporate investment decisions until the cost of tariffs are clearer. 

The EU will first have to pass legislation reducing U.S. export tariffs to zero in order to get the 27.5% tariffs on car exports reduced to 15%.

Pharmaceutical importers are navigating one of the most volatile trade environments in recent memory.

By all means, consider embracing technology to supercharge all aspects of your supply chain. But never underestimate the power of human-driven partnerships to yield the best and most valuable results.

The pharmaceutical industry has long protested the idea of globally linked drug prices as a threat to years of U.S. dominance in biomedical research.

So far, the global economy has held up better than many economists expected after Trump’s initial tariff blitz. That could all be about to change.

Confusion persists over whether 15% tariff will apply to U.S. imports of drugs.