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Commitment fulfilled: at least $150B invested in U.S. manufacturing.
The White House announced that nine major pharmaceutical companies, including Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis, and Sanofi, have collectively committed to investing at least $150 billion in U.S. manufacturing in the near term. (whitehouse.gov) This commitment is part of a broader initiative to strengthen domestic pharmaceutical production and reduce reliance on foreign supply chains. The investment is expected to bolster the U.S. economy and enhance the resilience of the pharmaceutical supply chain.