Switzerland’s government has reached out to local drugmakers Roche Holding AG and Novartis AG to discuss the impact of high US tariffs on its pharma industry. Economy Minister Guy Parmelin and Interior Minister Elisabeth Baume-Schneider will lead a crisis summit with top executives from both companies, along with other producers. The meeting aims to address the challenges posed by the tariff situation and ensure the future of Switzerland’s pharmaceutical sector.
Source: https://www.bloomberg.com/news/articles/2025-08-10/swiss-leaders-seek-talks-with-roche-novartis-after-us-tariffs