{"id":22932,"date":"2025-04-09T08:32:20","date_gmt":"2025-04-09T08:32:20","guid":{"rendered":"https:\/\/makingpharmaindustry.it\/non-categorizzato\/farmaceutica-lombra-dei-dazi-americani\/"},"modified":"2025-04-09T10:56:15","modified_gmt":"2025-04-09T10:56:15","slug":"farmaceutica-lombra-dei-dazi-americani","status":"publish","type":"post","link":"https:\/\/makingpharmaindustry.it\/en\/business-en-2\/market\/farmaceutica-lombra-dei-dazi-americani\/","title":{"rendered":"Pharmaceuticals, the shadow of American duties"},"content":{"rendered":"<p class=\"\" data-start=\"56\" data-end=\"515\">With the introduction of new customs tariffs by the United States, the <strong>pharmaceutical sector<\/strong> finds itself in a delicate position, caught between opportunity and uncertainty. The executive order signed by President Donald Trump on April 2 has, for now, excluded pharmaceutical products from the imposition of general tariffs. However, the risk of indirect impacts cannot be ruled out\u2014particularly for the production chain and international supply networks.<\/p>\n<h3 class=\"\" data-start=\"517\" data-end=\"546\">Exemptions and Grey Areas<\/h3>\n<p class=\"\" data-start=\"548\" data-end=\"1292\">One piece of good news for the pharmaceutical sector is that the executive order explicitly states that medicines will not be subject to additional tariffs. However, the lack of clarity regarding <strong>pharmaceutical active ingredients (APIs)<\/strong> raises concerns. These ingredients, which are essential for drug manufacturing, could be included in future protectionist measures\u2014especially if they originate from countries with significant trade imbalances with the United States, such as <strong>China<\/strong> and <strong>India<\/strong>. These countries are among the world&#8217;s largest producers of APIs, and the imposition of tariffs on such components could lead to increased costs for both American pharmaceutical companies and European firms that rely on importing these raw materials.<\/p>\n<p class=\"\" data-start=\"1294\" data-end=\"1608\"><strong data-start=\"1294\" data-end=\"1312\">Daphne Norberg<\/strong>, an analyst with the <em data-start=\"1334\" data-end=\"1374\">European Pharmaceutical Trade Alliance<\/em>, noted that \u201ca significant disruption in the supply of active ingredients could compromise the United States\u2019 manufacturing capacity\u2014particularly in the area of life-saving therapies, which depend on raw materials sourced from Asia.\u201d<\/p>\n<p><span class=\"td_btn td_btn_md td_round_btn\"><em><strong data-start=\"39\" data-end=\"113\">Authorizations and new medicines: a comparisonbetween the FDA and EMA<\/strong><\/em><br \/>\n<span class=\"td_btn td_btn_sm td_round_btn\">In 2024, the U.S. FDA approved 50 new drugs containing new active substances, while the European EMA authorized 46. This indicates a slight lead for the FDA in terms of new approvals, highlighting the importance of the U.S. market for European pharmaceutical companies.<\/span><\/span><\/p>\n<h2>Impact on Global Supply Chains<\/h2>\n<p class=\"\" data-start=\"80\" data-end=\"651\">The pharmaceutical sector\u2014one of the most globalized industries\u2014relies on an extensive network of suppliers across the world. The current situation could lead to a <strong>bottleneck in supply chains, with shipping delays, increased logistics costs, and additional bureaucratic burden due to the introduction of new customs regulations<\/strong>. In a market already struggling with challenges linked to the pandemic, growing political uncertainty could further exacerbate risks related to pharmaceutical supply security, as emphasized by <strong data-start=\"601\" data-end=\"621\">John C. Reynolds<\/strong>, CEO of Global Medics Supply.<\/p>\n<p class=\"\" data-start=\"653\" data-end=\"900\">Reynolds explained that \u201cif tariffs were extended to <strong>APIs and intermediate products<\/strong>, we would face a full-blown supply crisis, particularly affecting generic drugs\u2014a sector where both the United States and Europe are heavily dependent on imports.\u201d<\/p>\n<h2>A market under pressure: The United States as a key market<\/h2>\n<p class=\"\" data-start=\"113\" data-end=\"528\">The United States is one of <strong>the largest and most critical pharmaceutical markets<\/strong> for global companies. While the pharmaceutical sector has been excluded from direct tariffs, the introduction of duties on related sectors\u2014such as industrial <strong>raw materials and electronic components<\/strong> (used in the manufacturing of medical devices)\u2014could still negatively affect the competitiveness of U.S.-based pharmaceutical companies.<\/p>\n<p class=\"\" data-start=\"530\" data-end=\"816\"><strong data-start=\"530\" data-end=\"557\">Christopher A. Bartlett<\/strong>, professor of global economics at Boston University, stated:<br data-start=\"618\" data-end=\"621\" \/>\u201cIndirect tariffs targeting technology and materials essential to the pharmaceutical industry could drive up production costs and ultimately impact U.S. consumers, leading to higher drug prices.\u201d<\/p>\n<p><span class=\"td_btn td_btn_md td_round_btn\"><em><strong>Pharmaceutical Import and Export Data Between the EU and the US<br data-start=\"111\" data-end=\"114\" \/><\/strong><\/em><br \/>\n<span class=\"td_btn td_btn_sm td_round_btn\">According to Eurostat, in 2023 the European Union exported medicinal and pharmaceutical products worth \u20ac277 billion to non-EU countries, with the United States as the main destination, accounting for 33.2% (\u20ac92 billion) of total exports. In the same year, EU imports in this sector amounted to \u20ac119 billion, highlighting a significant trade surplus of \u20ac158 billion.<\/span><\/span><\/p>\n<h2>A step toward Self-Sufficiency? Critical voices<\/h2>\n<p class=\"\" data-start=\"112\" data-end=\"672\">Conflicting signals are emerging from Washington regarding the Trump administration\u2019s long-term pharmaceutical policies. On one hand, the government has attempted to <strong>minimize the impact on pharmaceutical companies<\/strong>. On the other, internal voices are pushing for increased self-sufficiency in the production of <strong>critical medicines<\/strong>. The <strong>Department of Health and Human Services (HHS)<\/strong> has recently launched an initiative aimed at reducing reliance on foreign suppliers, focusing on domestic <strong>production of both active pharmaceutical ingredients and finished products<\/strong>.<\/p>\n<p class=\"\" data-start=\"674\" data-end=\"855\">However, implementing policies aimed at &#8220;bringing production back home&#8221; could clash with the global market openness that the pharmaceutical industry has operated within for decades.<\/p>\n<h2 data-start=\"857\" data-end=\"904\">The future: possible solutions and dialogue<\/h2>\n<p class=\"\" data-start=\"906\" data-end=\"1355\">As the U.S. market heads toward an uncertain future, the European Commission is already preparing a <strong>series of countermeasures to safeguard the sector<\/strong>. Ursula von der Leyen has announced plans to initiate a strategic dialogue with the United States to prevent an escalation of tariffs on raw materials and generic drugs, while also emphasizing the need to protect small and medium-sized enterprises, which could be hit hardest by such trade barriers.<\/p>\n<p class=\"\" data-start=\"1357\" data-end=\"1765\">At the same time, major international pharmaceutical organizations, such as the <em data-start=\"1437\" data-end=\"1494\">International Pharmaceutical Manufacturers Group (IPMG)<\/em>, are exploring the possibility of advocating for global solutions through the <em data-start=\"1573\" data-end=\"1605\">World Trade Organization (WTO)<\/em>. The aim is to ensure that growing trade instability does not hinder access to medicines or disrupt the distribution of life-saving therapies around the world.<\/p>\n<p class=\"\" data-start=\"1767\" data-end=\"1987\">The future of the pharmaceutical sector will therefore depend largely on the ability of international institutions to negotiate and mediate between economic sovereignty and the need to guarantee universal access to care.<\/p>\n<p><span class=\"td_btn td_btn_md td_round_btn\"><em><strong data-start=\"39\" data-end=\"92\">Production strategies and commercial implications<\/strong><\/em><br \/>\n<span class=\"td_btn td_btn_sm td_round_btn\">European pharmaceutical companies are adopting diversified production strategies to serve the U.S. market. For example, Sanofi and Novartis operate manufacturing facilities both in Europe and the United States, allowing them to mitigate risks related to tariffs and supply chain disruptions. In contrast, companies with a less significant manufacturing presence in the U.S. may face greater challenges in the event of trade tensions.<br \/>\nFurthermore, the EMA has announced an expansion of its clinical data publication policy to include all new marketing authorization applications starting from the second quarter of 2025. This move aims to enhance transparency and could influence pharmaceutical companies\u2019 drug approval strategies.<\/span><\/span><\/p>\n<p class=\"\" data-start=\"530\" data-end=\"826\">\n","protected":false},"excerpt":{"rendered":"<p>The article analyzes the impact of tariffs imposed by the United States on the European pharmaceutical industry, highlighting how these protectionist measures could affect the competitiveness of companies in the sector. It examines the broader context of trade tensions between the U.S. and the EU, with particular focus on the repercussions for European pharmaceutical exports to the American market. The article also explores possible strategies that European pharmaceutical companies can adopt to mitigate the negative effects of the tariffs and maintain their position in the global market.<\/p>\n","protected":false},"author":6,"featured_media":22923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1101,796],"tags":[],"class_list":{"0":"post-22932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-highlights-en","8":"category-market"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pharmaceuticals, the shadow of American duties<\/title>\n<meta name=\"description\" content=\"Analysis of the impact of protectionist measures, trade tensions between the US and the EU, and possible strategies for European pharmaceutical companies.\" \/>\n<meta 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