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Croagh Patrick’s summit is dominated by the blue line of a handsome city of Ireland’s Atlantic coast. The economy, on the other hand, is so much window-free gray factory units that produce a whole supply of botox for a US company in the world. Donald Trump wants Pharma production to go home.
The President of the United States criticized the Irish operations of American companies this week. The threats to apply the tariffs to encourage investors to reconstruct, Westport weighs 7,000: 1500 of them are hired by Abbvie to make wrinkles deleted drugs.
“People hold their breath,” he said. Capture by Abbvie In 2020. “This is like a plane wandering in a catch pattern.”
Ireland Pfizer, Eli Lilly and Johnson and Johnson became the main base for US Pharma companies.
Besides Botox
Ireland is in a hurry to export pharmaceuticals to the United States before falling any tariff axes: in February 91% of all goods export to the United States were chemicals and related products that include medical and pharma goods. Irish Pharma, in the first two months of the year, reached the United States, according to official trade data, reached 20 billion euros per year for 44 billion euros.
Despite the introduction of global tariffs last week, the EU and other countries are paused by a winged global 10 percent of trade deals, which is currently exempt from tariffs.
Irish Foreign and Trade Minister Simon Harris, while negotiating this, the United States will be “inappropriate” and “weird”.
However, an accident seems to be increasingly difficult. The US trade department has launched an investigation into the sector, which will allow the President to restrict national security, to restrict imports.
The US Trading Secretary Howard Lutnick said.
Taoiseach Micheal Martin, Trump, who used a meeting with Martin last month, took the entire US pharmaceutical industry on Monday last month, “he said in the sector in the sector again.
“We do not make our own medications and our pharmaceuticals. Drug companies are in Ireland and in other places – China,” he said.
Allergan opened a plant to produce the lens and Eyecare products in Westport in 1977.
Botosh, now there are competitors who have chemically similar products – the opponent includes the Dysport of France, the Dysport produced by the IPSen and Germany’s Merz – but Abbvie says that it is convinced that it can do to maintain the leader position.
Although Botox is brought for cosmetic purposes $ 2.72 billion in net income Last year, according to Abbvie, therapeutic botox is worth $ 3.3 billion. Tariffs will increase the price of drugs for users and cosmetic applications are not covered by US health insurance.
Abbvie – does not officially disclose its productivity – 160 mn, cannot be produced in the second biology facility in Westport 2020, and production “cannot change one night”, former International Tax and Finance Director in the Local Assembly Member and Allergan. “(Trump’s) cheap notes do not bless.”
“Attention to the automation of production lines and increasing increasing quality standards, the attention is already playing a key role in multinational and experienced people, which uses highly qualified and experienced people,” he said.
Ireland is the world The third largest Pharma exporter, With 90 sites that provide EU and other countries as well as the United States. Over the past decade, more than 10 billion euros have been invested in the sector. Denmark, Switzerland and Singapore are now other countries with large pharma sectors in Trump’s sights.
Many pharmacists responded by declaring large investments in the United States. Johnson & Johnson, $ 55 billion member and $ 27 billion in the next four years, and Swiss presenter Novartis will produce $ 23 billion last week and invested $ 23 billion in R & D.
Pharma cartridges wrote President of the European Commission Ursula Von Der Leien that the EU reforms offered by EU tariffs and EU’s EU are less attractive.
But Ireland is a unique way to any Trump movement: Big Pharma, this is the European headquarters or major operations of US technology, which are von der leien Threatened to the target If the tariff negotiations fail.
Tech and Pharma prepares a large corporation tax contribution that delivers a large budget surplus.
Botox also helped to become a colorful, noisy city for Westport-A, Boating festivals, restaurants, hotels, stylish shops and traditional sticks.
Also, as the largest employer in the city, the company has been a prominent supporter and sponsor of local entrepreneurship and sports teams. “There would be a mass loss,” If the owner of the Cockuria House Hotel, Adrian Noonan, the owner of the city’s first four-star hotel, visited the Board Executives and Board meetings.
New Pharma Plants, the years of delay in the transfer of production to the United States, said that the managers of the analysts said the brakes in future investment plans in Ireland.
“We’re all extremely worried,” he said, Philip Heaney, a local pharmacist. “They are talking about the 51st (USA) state of Canada. But with Pharma, there is about.”
