President Trump proposes a 100% tariff on drugmakers, but exemptions for orphan drugs, cell and gene therapies, and antibody-drug conjugates will mitigate the impact. This policy could affect pricing strategies and market access for various therapies.
While some large companies could start paying the full tariff in 120 days, many products, including orphan drugs, cell and gene therapies, and antibody-drug conjugates, will enjoy exemptions that waive or greatly reduce the levies.
Original title: “Trump Hits Drugmakers With 100% Tariff but Carve-outs Soften the Blow”