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-0.000245108487147809 -0.00172641630078009 -0.000682041007715574 -0.00667121360671809 -0.00515793512084918 -0.00366597041647123 -0.000149196470437771 2.13137814910928E-05
Stock impact report

Trump's tariffs could make it harder to get certain generic drugs [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
Generic drug manufacturers have had to contend with increasing competition and tight profit margins in recent years. Slapping extra costs through tariffs could undermine their ability to do business with the US, especially since it could be tougher for them to recoup the added expense than manufacturers of brand-name drugs, experts say. “You're going to have companies … (for which) the financial outlook is so dire, they may not be able to bring the product into the United States,” John Murphy III, CEO of the Association for Accessible Medicines, the trade group for generic and biosimilar medicine, told CNN. “And that could amplify the drug shortages concerns we have here in the United States.” Currently, there are 270 active drug shortages in the US, down from an all-time high of 323 in early 2024, according to data from the American Society of Health-System Pharmacists. Shortages of antibiotics are a particular problem. Some 40% of generic drugs have only one or two companies Show less Read more
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