AbbVie and Trump Administration Reach Tariff Relief Deal, Pledge $100B Investment in R&D and Manufacturing.
ByAinvest
Monday, Jan 12, 2026 11:08 pm ET1min read
ABBV--
AbbVie has reached a deal with the Trump administration to reduce drug prices and invest $100 billion in US R&D and capital investments, including manufacturing, over the next decade in exchange for tariff relief. The three-year deal aims to lower drug prices and boost investment in the US economy.
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