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Stock impact report

Pharma industry races to stockpile medicines before potential tariffs [USA TODAY]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: USA TODAY
executives and two logistics firms said amid fears President Donald Trump 's April 2 tariffs announcement could include products made in Europe. Two European-headquartered drugmakers told Reuters this week they are sending as much of their medicines across the Atlantic as possible over the past several weeks and heard other pharmaceuticals companies were doing the same. One of the executives said his company was "scenario planning" for possible tariffs and shipping more medicines by air using global cargo and transport firms including the United Parcel Service Inc UPS.N and Germany's DHL DHLn.DE. He declined to give more specific details. A source at a third international drugmaker said they were quickly moving in available stock from overseas in an effort to get ahead of tariffs, but didn't specify the shipping method. DHL said it had seen a rise in pharmaceutical exports by air from Europe, but did not give a reason for the increase. UPS declined to comment. FedEx FDX.N di Show less Read more
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