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Swiss pharma giant Roche to invest $50 billion in US amid growing tariff uncertainty

Times of India LogoTimes of India3h ago

Swiss pharma giant Roche to invest $50 billion in US amid growing tariff uncertainty - Times of India

Quick Summary:

Roche, a Swiss pharmaceutical giant, will invest $50 billion in the United States over the next five years, creating 12,000 jobs and expanding manufacturing, distribution, and research.

This decision, following a similar move by Novartis, aims to strengthen Roche's US footprint and support innovation in medicines and diagnostics.

Despite the strategic announcement, Roche shares dipped 0.6% in late morning trading, in line with the broader Swiss market decline of 0.8%.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 17:36:13 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28140430

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 41 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 45 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://beamstart.com/news/swiss-pharma-giant-roche-to-17453156507473

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