CEOs Tell Trump Tax Cuts Could Bring More Biopharma Plants To US

Lower taxes could entice biopharmaceutical sector to focus more on the US as it seeks to expand biotech manufacturing capacity where it can find highly educated and experienced scientists.

President Donald Trump’s strategy of cutting taxes and regulation to bring more biopharmaceutical manufacturing to the US could dovetail with the industry’s plans to make next-generation products near leading research hubs.

Lower taxes could make the US more competitive with Europe as a destination for new biotech manufacturing capacity.

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