Archive · 25 Jul 2025

Cipla CEO: US Tariffs Impact Expected, Not 'Debilitating'

Cipla CEO: US Tariffs Impact Expected, Not 'Debilitating'

The head of Cipla, a big drug company, talked about potential US tariffs on medicines.

He said the tariffs, or extra taxes on imported goods, would affect the company but wouldn't cause major problems.

Cipla had a good financial quarter, with increased sales and profits.

The CEO thinks any tariffs on medicines will be lower than the average tax rate on other products.

He also mentioned the company's plans to grow in important markets and develop new medicines.

Sources