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flag New US tariffs threaten to raise costs and disrupt supply chains for 94% of biotech firms.

flag US tariffs on imports from the EU, China, and Canada could significantly increase manufacturing costs for the biotech industry, with 94% of firms expecting higher expenses. flag This could disrupt supply chains and force companies to find new suppliers or relocate manufacturing, a process that takes up to two years. flag The tariffs may also deter investment, reduce R&D budgets, and influence the location of clinical trials, potentially favoring Europe due to lower costs and regulatory efficiency. flag Pharmaceutical companies are exploring domestic manufacturing, but this requires substantial capital and time, leading to potential short-term supply issues.

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