Trump policies, China's biotech boom are ending Europe's pharma powerhouse era
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Source: CNBC
Published: 2026-04-11 15:54 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Health, Asia, Europe, China, Trade & Sanctions, Drugs, World News, US Politics, Business & Economy, Asia Pacific
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Snippet:
Once the go-to location for global drugmakers, Europe is now being squeezed by President Donald Trump's aggressive trade and drug-pricing policies on one side, and China's explosive biotech boom on the other.
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