Business

Generic Drug Prices to Rise Due to Tariffs

Updated 2026-07-24 02:40 UTC 1 source Negative

The CEO of a leading Indian pharma company, Dr Reddy's, warned that Trump’s proposed tariffs on generic drugs will make them more expensive for U.S. patients. The warning highlights potential economic impacts on the healthcare sector.

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CNBC

U.S. to see higher generic drug prices thanks to tariffs, CEO of leading India pharma firm warns

CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.

2026-07-24 02:24 UTC