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Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors

Indian drug shares declined Wednesday following US President Trump's tariff announcement. These proposed tariffs will significantly impact companies with substantial US revenue exposure. Analysts suggest investors should now focus on domestically oriented Indian pharmaceutical firms. The Nifty Pharma index saw a notable decrease, while the benchmark Nifty 50 also fell. Negotiations are expected given India's vital role in supplying affordable medicines to the US.

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Economic TimesLean R·2h ago
Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors
Indian drug shares declined Wednesday following US President Trump's tariff announcement. These proposed tariffs will significantly impact companies with substantial US revenue exposure. Analysts suggest investors should now focus on domestically oriented Indian pharmaceutical firms. The Nifty Pharma index saw a notable decrease, while the benchmark Nifty 50 also fell. Negotiations are expected given India's vital role in supplying affordable medicines to the US.
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Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors

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Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors

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