All articles tagged with #pharmaceutical investment
Huntsville experienced a significant economic boom in 2025 with major investments like Eli Lilly's $6 billion pharmaceutical facility, the relocation of U.S. Space Command headquarters, and expansions in retail, arts, and technology sectors, positioning it as Alabama's top economic growth area.
President Trump announced a deal with AstraZeneca to align U.S. drug prices with those of other developed nations, resulting in significant savings for American patients and Medicaid programs, while also investing $50 billion in U.S. pharmaceutical manufacturing and R&D. The agreement includes discounts on key medicines for asthma and COPD, and aims to end the practice of foreign countries subsidizing their healthcare through higher U.S. drug prices.
UK science minister Patrick Vallance stated that increasing drug prices paid by the NHS is necessary to prevent pharmaceutical companies from leaving the UK, amid recent project cancellations and investment concerns. The government is engaged in ongoing discussions with the pharma industry to find a solution, balancing economic, health, and international trade interests.