May 14 (Reuters) - Sanofi said on Wednesday it
plans to invest at least $20 billion to boost manufacturing and
research in the United States through 2030, becoming the latest
drugmaker to scale up its U.S. presence in response to President
Donald Trump's trade policies.
The French drugmaker plans to expand its US manufacturing
capacity, both through direct investments in Sanofi sites, as
well as through partnerships with other domestic manufacturers,
it said.
Its peers such as Roche, Eli Lilly ( LLY ), Johnson
& Johnson ( JNJ ) and Novartis have also announced
large-scale U.S. investments after Trump pushed for more onshore
pharmaceutical manufacturing.