Even amid Trump disruption, fears over EU pharma exodus to USA

8 April 2025

In the USA, the layoffs at health agencies, proposed tariffs on imports and other disruptive policies under President Donald Trump have led some to express concern over a potential ‘brain drain’ impacting pharma and other industries.

But in Europe, where stagnating investment in the industry is a long-term problem, leaders worry about talent going the other way across the Atlantic.

Indeed, the chief executives of the research-based pharmaceutical industry have issued a stark warning to European Commission President Ursula von der Leyen that, unless Europe delivers rapid, radical policy change then pharmaceutical research, development and manufacturing is increasingly likely to be directed towards the USA.

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