Swiss pharma company set for major US investment

By JULIAN SHEA in London | China Daily Global | Updated: 2025-04-23 09:34

Roche tablets are seen positioned in front of a displayed Roche logo in this photo illustration shot in Zenica, Bosnia and Herzegovina, Jan 22, 2016. [Photo/Agencies]

Swiss pharmaceutical group Roche has become the latest big company to make a major investment decision since the announcement of the United States government's tariffs program, after it revealed that over the next five years it will invest $50 billion in the US, where it currently employs 25,000 people, resulting in the creation of more than 12,000 new jobs.

Around 1,000 of these jobs will be within the company with the others in supporting roles, including construction.

The decision follows in the wake of another Swiss company, Novartis, saying that it would invest $23 billion in the US. Sector rivals Johnson& Johnson and Eli Lilly have also made significant recent announcements.

Scrap Upvote List

List

25	New document. [3]
24	A couple tried for 18 years to get pregnant. AI made it happen [4]
23	[test] IndiGo CEO Details the Strides his Airline Has Made over the Last Few Years [1]
22	Microsoft to lay off around 9,000 workers in its largest cuts since 2023 [6]
21	Canary Wharf Group CEO on the Financial District's Future in London [4]
20	Korean game developers go overseas with zombie-themed titles [1]
19	US VC female founders dashboard
18	Apple will spend more than $500 billion in the U.S. over the next four years
17	Murphy USA Inc. Reports First Quarter 2025 Results
16	TSMC Intends to Expand Its Investment in the United States to US$165 Billion to Power the Future of AI
15	US Consumer Confidence Plunged Again in April
14	Rocket Lab USA Announces Holding Company Reorganization
13	Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
12	Chinese companies purge supply chain of foreign parts amid US trade war
11	Oshikatsu, the fandom phenomenon Japan hopes can boost its flagging economy [1]
10	Four men jailed for corruption after man bribed managers at a demolition company with €705k [1]
9	The World’s Biggest Meat Company Gets the Greenlight to Go Public on the New York Stock Exchange [1]
8	The Nuclear Company opens base in South Carolina
»	Swiss pharma company set for major US investment
6	Green groups decry plan to list world’s biggest meatpacking company on NYSE

Write Tag

First 1 2 Last