AGP Executive Report
Last update: 9 hours agoSpecialty Pharma Tariff Relief: The US Commerce Department published a list of countries, including Liechtenstein, eligible for zero tariffs on specified specialty pharmaceutical products and ingredients ahead of 100% Section 232 duties starting September 29—covering areas like orphan drugs, gene and cell therapies, and certain medical countermeasures. EU Industrial Policy Watch: Brussels’ proposed “Made in EU” procurement rules are drawing fresh criticism as protectionism in disguise, with local-content and low-carbon requirements aimed at strategic sectors like EVs, batteries, solar, wind, hydrogen and nuclear. Trade Deal Update: Brazil has formally incorporated the Mercosur–EFTA Free Trade Agreement, with preferential tariffs for Switzerland/Liechtenstein dependent on internal procedures. Biotech for the Region: The European Commission granted marketing authorisation for NEZGLYAL® (leriglitazone) for childhood cALD, the first pharmacological treatment for early intervention in the EU, with launches expected to start in Germany. Auto Market Signal: Chinese brands kept gaining in Europe in August, with BYD registrations more than doubling across the EU plus Iceland, Liechtenstein, Norway and Switzerland.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.