Pharma Stocks Tumble After Trump Floats Tariffs on Industry -- Market Talk

Dow Jones04-09

0723 GMT - Pharma stocks take a hit in early morning European trade after U.S. President Trump said at a Tuesday dinner with House Republicans that tariffs on pharmaceuticals will be imposed very shortly. British AstraZeneca and GSK slump 3.9% and 2.8%, respectively. Swiss Roche and Novartis fall 4.8% and 4.1%, respectively. French Sanofi is down 4.5%. (helena.smolak@wsj.com)

(END) Dow Jones Newswires

April 09, 2025 03:23 ET (07:23 GMT)

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