Roche recently announced that it will invest $50 billion in the United States over the next five years. These investments further strengthen Roche's already significant footprint in the U.S., where it has 13 manufacturing and 15 research and development sites in the pharmaceutical and diagnostics sectors. It is expected to create over 12,000 new jobs, including nearly 6,500 construction jobs and 1,000 positions for the building and expansion of facilities.
Johnson Warns of $400 Million Loss Due to Tariff Policy, Medical Device Division Hit Hardest
On April 15th local time, healthcare giant Johnson & Johnson warned in its financial report that tariffs are expected to result in a $400 million profit loss for the company by 2026, with the medical device division being hit the hardest. "This $400 million loss encompasses several tariff impacts, including import tariffs beyond the scope of the North American Free Trade Agreement from Canada and Mexico, as well as global steel and aluminum tariffs (the latter having a relatively smaller impact). However, tariffs between China and the US undoubtedly account for the largest portion, with products exported from the US to China facing the most significant impact," Volk added.
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2025-04-25 09:55:43
Roche Announces $360 Billion Investment in the U.S.
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2025-04-23 09:24:41
Trump: Tariffs on Imports from China Are Too High, Expected to Significantly Reduce Them
U.S. President Trump delivered a speech in a public venue on Tuesday (April 22) local time,He acknowledged that the current tariffs on imports from China are too high and predicted a significant reduction in tariff rates.This marks a shift in Trump's attitude towards his signature tariff policy. On Tuesday, U.S. Treasury Secretary Becerra also stated at a JPMorgan event that the trade war between China and the U.S. will soon cool down.
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2025-04-23 08:06:37
IMF Downgrades Global Growth Forecast Amid U.S. Tariff Measures Impact
On April 22, local time, the International Monetary Fund released the latest World Economic Outlook report, lowering its global economic growth forecast for 2025 from 3.3% at the beginning of the year to 2.8%. The projection for 2026 is expected to be 3%. The impact of U.S. tariff measures and policy uncertainties will lead to a significant slowdown in the global economy in the short term.
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2025-04-22 13:47:25
$8.7 Billion M&A Finalized: Global Orthopedics Giant Doubles Down on High-Growth Sector
On April 21, Zimmer Biomet, a global leader in orthopedics (NYSE: ZBH), announced the completion of its acquisition of Paragon 28. The deal is valued at $1.2 billion (approximately 8.7 billion RMB). Paragon 28 offers a wide range of surgical products and systems covering all major areas of the foot and ankle, including fractures and trauma, deformity correction, as well as joint replacement.
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2025-04-21 15:39:46
Ningde Times Launches World's First Lithium Iron Phosphate Battery with 800km Range and 12C Fast Charging
At today's Contemporary Amperex Technology Company (CATL) Super Tech Day, the second-generation Shengxing ultra-fast charging battery was officially unveiled. As the world's first lithium iron phosphate battery to achieve both an 800 km range and a peak charging rate of 12C, this product utilizes supercrystalline graphite and carbon-coated nano-superconducting technology, offering impressive charging speed—75 km of range can be added in just 30 seconds, and after 5 minutes of charging, the vehicle can travel 520 km. The peak power exceeds 1.3 megawatts. Additionally, the battery performs excellently in low-temperature environments; at -10°C, it can charge from 5% to 80% in 15 minutes, and it supports full-range temperature and full state-of-charge (SOC) power output. Even in a low SOC state (20%), it can still maintain a high power demand of 830 kW. This release further solidifies CATL's leading position in the field of power battery technology.
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