he doubled down on plans to grow the business in America
This is a lie. They are shutting down most of their US facilities. My wife just found out her job moved to Canada (without her) and she is unemployed in 2 months.
this post was submitted on 01 May 2025
29 points (91.4% liked)
Europe
5821 readers
954 users here now
News and information from Europe 🇪🇺
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
Rules (2024-08-30)
- This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
- No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
- Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
- No bigotry, sexism, racism, antisemitism, islamophobia, dehumanization of minorities, or glorification of National Socialism. We follow German law; don't question the statehood of Israel.
- Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
- If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
- Light-hearted content, memes, and posts about your European everyday belong in !yurop@lemm.ee. (They're cool, you should subscribe there too!)
- Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
- No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
- Always provide context with posts: Don't post uncontextualized images or videos, and don't start discussions without giving some context first.
(This list may get expanded as necessary.)
Posts that link to the following sources will be removed
- on any topic: RT, news-pravda:com, GB News, Fox, Breitbart, Daily Caller, OAN, sociable:co, citjourno:com, brusselssignal:eu, europesays:com, geo-trends:eu, any AI slop sites (when in doubt please look for a credible imprint/about page), change:org (for privacy reasons)
- on Middle-East topics: Al Jazeera
- on Hungary: Euronews
Unless they're the only sources, please also avoid The Sun, Daily Mail, any "thinktank" type organization, and non-Lemmy social media. Don't link to Twitter directly, instead use xcancel.com. For Reddit, use old:reddit:com
(Lists may get expanded as necessary.)
Ban lengths, etc.
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 7 or 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to any of the mods: @federalreverse@feddit.org, @poVoq@slrpnk.net, or @anzo@programming.dev.
founded 10 months ago
MODERATORS
29
Step up now or lose jobs to US, AstraZeneca boss Pascal Soriot warns Europe
(www.thisismoney.co.uk)
Pascal Soriot said innovation in pharmaceuticals ‘has mostly been funded by the US’
Mr. Dr. Chad here does know that Europe hasn't invested as heavily in that sector because there was no critical need for it, right? Which now has changed.
That's the whole point of stable economic relations like the one we had with the US until now, because there's no point to every country producing everything as if they were alone when they can import whatever they don't have from somewhere else.
Anyways, go and hang out with your fascist buddies if you want, as they continuously implode your whole argument of "US did more" by driving away scientists and other talent, as well as defund several critical health-related research projects.
Meanwhile, we'll do our own thing and slowly but surely make up for lost time and misplaced trust.
Don't let the door hit you on the way out, champ. I hear these days the US isn't the safest place for health/pharma CEO's tho.
Not to mention being totally unsafe for any immigrant who crosses Trump.
I thought it was something like 95% of actual pharmaceutical innovation comes from academia, and that most American pharma R&D spending was predominantly on taking the work of others and tweaking it so they can file a patent.
Before someone says clinical trials—every other country manages to do these without the ridiculous amount of money being consumed by the American pharmaceutical industry
Edit: typo
Wow, swinging a big ball across an entire multiple countries..
Great investment climate under famous vaccine proponent RFK.
Astrazeneca's boss has warned Europe is falling behind as it steps up investment in the United States.
Pascal Soriot said innovation in pharmaceuticals ‘has mostly been funded by the US’ as he doubled down on plans to grow the business in America – which already accounts for 40 per cent of revenues.
"Mostly been funded by the US"?
Like not by investorswho deserve a return, but like extortionists who deserve a prison cell while their businesses that can't thrive in a free market get nationalized like the public service they were always meant to be?