{"id":38434,"date":"2025-04-02T11:37:51","date_gmt":"2025-04-02T11:37:51","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/02\/european-pharma-stocks-fall-on-wednesday-ahead-of-liberation-day-announcements-whats-at-stake\/"},"modified":"2025-04-02T11:37:51","modified_gmt":"2025-04-02T11:37:51","slug":"european-pharma-stocks-fall-on-wednesday-ahead-of-liberation-day-announcements-whats-at-stake","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/04\/02\/european-pharma-stocks-fall-on-wednesday-ahead-of-liberation-day-announcements-whats-at-stake\/","title":{"rendered":"European pharma stocks fall on Wednesday ahead of \u2018Liberation Day\u2019 announcements: what\u2019s at stake?"},"content":{"rendered":"<div><\/div>\n<p>European healthcare stocks fell sharply on Wednesday as investors braced for potential tariffs on the pharmaceutical industry, a sector that had largely been spared from previous rounds of trade levies. <\/p>\n<p>US President Donald Trump, who has dubbed the new wave of tariffs &#8220;Liberation Day,&#8221; is expected to announce fresh measures later in the day, raising concerns about their <a href=\"https:\/\/invezz.com\/news\/2025\/04\/01\/how-trumps-liberation-day-tariffs-may-disrupt-global-markets\/\">impact on global drugmakers<\/a>.<\/p>\n<p>Trump said last month that he planned to announce car tariffs \u201cvery shortly\u201d and then \u201cwe\u2019ll be announcing pharmaceuticals at some point in the not too distant [future] because we have to have pharmaceuticals.\u201d<\/p>\n<p>The STOXX 600 Healthcare index dropped 2.5% in early trading, reaching its lowest level since December. <\/p>\n<p>The broader European market also came under pressure, with the benchmark STOXX 600 index declining by 0.9%.<\/p>\n<p>\u201cThis might be a reaction to the tariff announcements expected today from the US administration, which this time could focus on the pharmaceutical sector,\u201d an analyst said.<\/p>\n<p>Susannah Streeter, head of money and markets at Hargreaves Lansdown, said the losses reflected growing anxiety over the tariffs.<\/p>\n<p>\u201cIt\u2019s not surprising that pharma stocks have been caught up in this wave of nervousness,\u201d Streeter said, adding that investors are on &#8220;tenterhooks&#8221; as the clock ticks down to what\u2019s expected to be the biggest wave of tariffs on US trading partners. <\/p>\n<blockquote class=\"wp-block-quote inv-component-break-container is-layout-flow wp-block-quote inv-component-break-container-is-layout-flow\">\n<p>It\u2019s been dubbed Liberation Day by President Trump, but it\u2019s more like entrapment day, with more countries set to be tangled up in a web of fresh duties.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Major pharmaceutical stocks slide due to fears of Trump tariffs<\/h2>\n<p>Shares of major European pharmaceutical companies were hit hard as fears over tariffs intensified. <\/p>\n<p>Germany\u2019s Bayer slumped 4.7%, while France\u2019s Sanofi declined 3.3%. Swiss drugmakers Lonza and Novo Nordisk both lost around 2.7%.<\/p>\n<p>Other major healthcare firms, including Novartis, Roche, and Merck, fell between 1.6% and 2.7%. <\/p>\n<p>UK-based AstraZeneca, as well as Bavarian Nordic, GSK, and UCB, recorded losses between 2.5% and 3.7%.<\/p>\n<p>Analysts warned that if Trump moves ahead with tariffs on the sector, pharmaceutical companies could face significant cost increases.<\/p>\n<p>Many drugmakers manufacture key ingredients and components in overseas markets before assembling final products in the US<\/p>\n<h2 class=\"wp-block-heading\">Industry lobbies for gradual tariff rollout<\/h2>\n<p>Until now, pharmaceuticals had been largely exempt from Trump\u2019s aggressive trade measures. <\/p>\n<p>However, reports indicate that the White House is preparing to impose duties on drug imports as part of its broader push to reduce the US trade deficit.<\/p>\n<p>Industry executives are now urging the US government to implement any tariffs in phases, allowing companies time to shift production closer to their largest market.<\/p>\n<p>Reuters reported on Tuesday that pharmaceutical lobbyists were in discussions with administration officials about delaying the levies. <\/p>\n<p>While a formal announcement may not come immediately, sources familiar with the talks said the tariffs were likely unavoidable.<\/p>\n<p>The uncertainty is already weighing on the sector, with companies warning that investment plans and product launches could be delayed.<\/p>\n<p>\u201cWhen you bring tariffs, it drives uncertainty, and when you\u2019re uncertain, you pause,\u201d Ester Baiget, CEO of Danish biotech firm Novonesis told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/04\/02\/europes-pharma-industry-braces-for-tariffs-as-carve-out-hopes-fade.html\">CNBC on Tuesday<\/a>.<\/p>\n<p>\u201cYou pause innovation, you pause launches, you pause investments.\u201d<\/p>\n<p>With global markets on edge, investors will be closely watching Trump\u2019s next move and its potential ripple effects on the pharmaceutical industry.<\/p>\n<h2 class=\"wp-block-heading\">How tariffs could impact Novo Nordisk&#8217;s obesity and diabetes treatments<\/h2>\n<p>Denmark stands as one of Europe\u2019s leading pharmaceutical and biotech hubs, home to major companies such as Novo Nordisk, the maker of Wegovy, and Bavarian Nordic, a vaccine producer\u2014both of which have significant exposure to the US market.<\/p>\n<p>Novo Nordisk\u2019s chairman, Helge Lund, told CNBC last week that the company was not engaging in speculation ahead of Trump\u2019s tariff announcement, instead emphasizing the importance of adaptability.<\/p>\n<p>\u201cIt doesn\u2019t make a lot of sense to speculate too much,\u201d Lund said at the Danish pharmaceutical giant\u2019s Annual General Meeting. \u201cWe are laser-focused on what we can impact.\u201d<\/p>\n<p>However, uncertainty lingers over how potential tariffs could affect US sales of Novo\u2019s widely popular obesity and diabetes treatments, as well as the potential consequences for its American rival, Eli Lilly, <a href=\"https:\/\/invezz.com\/news\/2025\/04\/01\/eli-lilly-sues-strive-and-empower-as-fda-lifts-tirzepatide-shortage-status\/\">which produces Zepbound<\/a>.<\/p>\n<p>Lund declined to comment on what proportion of the company\u2019s weight-loss drug sales come from its US plants, instead highlighting Novo Nordisk\u2019s \u201cvery significant\u201d manufacturing presence in the country.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/04\/02\/european-pharma-stocks-fall-on-wednesday-ahead-of-liberation-day-announcements-whats-at-stake\/\">European pharma stocks fall on Wednesday ahead of &#8216;Liberation Day&#8217; announcements: what&#8217;s at stake?<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European healthcare stocks fell sharply on Wednesday as investors braced for potential tariffs on the pharmaceutical industry, a sector that had largely been spared from previous rounds of trade levies. US President Donald Trump, who has dubbed the new wave of tariffs &#8220;Liberation Day,&#8221; is expected to announce fresh measures later in the day, raising <\/p>\n","protected":false},"author":1,"featured_media":38435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-38434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/38434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=38434"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/38434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/38435"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=38434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=38434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=38434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}