*
GSK plans $30 billion investment in U.S. over next five
years
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Investment includes new factory in Pennsylvania for cancer
drugs
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Investment would create thousands of jobs, boost US drug
making
(Adds quote from British Prime Minister, context about UK
investment environment, bullet points.)
By Maggie Fick
Sept 17 (Reuters) -
Drugmaker GSK said Wednesday it would invest $30
billion in U.S. research and development and supply chain
infrastructure over five years, after U.S. President Donald
Trump arrived in Britain for a second state visit to seal
investment deals.
The company said its new facilities in the U.S., which made
up half its revenue last year, would "bridge R&D and
manufacturing across both the U.S. and UK, strengthening the two
countries' leadership in life sciences."
GSK's investment includes $1.2 billion to build a new
factory in Pennsylvania that will produce new medicines for
respiratory disease and cancer, with construction to commence in
2026.
It will invest in AI, digital technology, new drug substance
manufacturing, and improved device assembly at GSK's five U.S.
sites.
London-based GSK is the latest drugmaker to scale up its
U.S. footprint as Trump threatens to impose import tariffs on
the industry and seeks to boost domestic manufacturing. The
sector has historically been spared from trade disputes.
"This landmark investment will create tens of thousands of
American jobs and ensure that critical medicines and
technologies are developed and manufactured right here on U.S.
soil-where they belong," U.S. Commerce Secretary Howard Lutnick
said in a statement shared by GSK.
British Prime Minister Keir Starmer said in the statement
that the investment was a "powerful example of how UK-U.S.
collaboration was driving real-world impact - improving people's
health, creating opportunity, and turbocharging growth."
The GSK investment in the United States comes as some
drugmakers, including AstraZeneca ( AZN ) and U.S. drugmaker
Merck & Co ( MRK ), have
pulled back
or paused investments in the UK, citing a
challenging domestic environment
.
CLINICAL TRIALS, R&D TO GET BOOST
The investment will bolster R&D and clinical trial activity,
and the U.S. is expected to rank first for the number of
studies, sites and clinical trial participants conducted by GSK
over the next five years, the company said.
The drugmaker did not say whether the $30 billion included
funds already earmarked for its U.S. business.
Pharma industry sources have told Reuters that some firms
that have announced large U.S investments under Trump have
included projects or sites already in the works in order to
provide a large headline figure.
GSK said it had committed about $2 billion to U.S.
manufacturing over the past year, which would add hundreds of
skilled jobs as well as construction roles, building on its
roughly 15,000 strong U.S. workforce.