Trump tariff 'panic': Drug maker Douglas Pharmaceuticals urges incentives not punishment

Douglas Pharmaceuticals is currently developing three drugs. (Image: NZME/Getty/Supplied)

Wed, 01 Oct 2025

A New Zealand pharmaceutical boss says the firm’s manufacture of three drugs could be impacted by the US’s planned 100% tariffs on patented pharmaceuticals. Douglas Pharmaceuticals' managing director, Jeff Douglas, said the proposed tariffs announced by United States President Donald Trump could be devastating for the industry and pose a considerable burden on patients. On Sept 26, Trump said that patented and branded pharmaceutical products would be subject to the tariff starting Oct 1, but drug makers with plans to b...

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