It's hard to predict what the "Gringo loco" will do with tariffs but I am sure all US manufacturers will be complaining (not clapping). About 75% of all APIs (chemicals used to make the drugs) are imported into the US, if there are tariffs on these, all drugs manufactured in the US or not will be more expensive, not just the one's made overseas. Trump will also upset his new best friend (Bibi Netanyahu) as about 25% of all generics in the US (from TEVA ) are made in Israel or EU by TEVA
This is a complicated story and I'm not reading any major problems ahead for Nextstellis because of this. Cheers
MYX Price at posting:
$5.77 Sentiment: Buy Disclosure: Held
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