MILAN, July 30 (Reuters) - The head of Italian group
Recordati expects treatments for rare diseases to be
exempted from the 15% tariff the United States plans to impose
on imported European pharmaceutical products, he said on
Wednesday.
"From what we know, rare diseases get a special, better
treatment and are excluded from any tariffs," Chief Executive
Robert Koremans said during a conference call on the
pharmaceutical company's first-half results.
"It seems to be manageable," he added, referring to the
potential impact of the U.S. measures on the company's results.
Treatments for rare diseases are an important part of
Recordati's business, contributing revenues of 515.7 million
euros in the first half of 2025.
Under a framework trade deal announced between U.S.
President Donald Trump and the European Union on Sunday, the
White House says EU pharmaceuticals will be subject to 15%
tariffs.