Pharma stocks: Gland Pharma, Lupin, Sun Pharma, others fall up to 5% as Donald Trump to announce pharma tariffs

Indian pharma stocks, including Sun Pharmaceutical Industries, Gland Pharma, Lupin and others traded sharply lower on Wednesday after the US President Donald Trump said he will soon announce a ‘major’ tariff on pharmaceutical imports. Fall in pharma stocks dragged the Nifty Pharma index more than 2% lower. Speaking to an event at the National Republican…

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