Gilead boosts planned US investments by $11 billion amid tariff threat
The new investments, unveiled on Wednesday, will supplement an already planned spending of $21 billion to boost U.S. manufacturing and research and development through 2030, the drugmaker said. These investments will be used for new technology, building three new facilities and upgrading three existing sites, it said. Major U.S. drugmakers, including Eli Lilly, Johnson & Johnson, Merck and Bristol Myers Squibb, have also recently announced additional investments to boost domestic production amid the tariff threat.