AGP Executive Report
Last update: 9 hours agoUS Expansion: Lonza is buying five Merck manufacturing sites, doubling its US contract drug-making footprint from four facilities to nine. About 1,100 employees will transfer to the Swiss group. Drug Costs: Swiss households could face hundreds of millions of francs in extra annual costs if drugmakers succeed in raising prices amid US pricing pressure, a study by ETH Zurich and the University of Zurich warns. Vehicle Finance: Cembra has completed most of its purchase of an around CHF800 million financing portfolio and expects the deal to lift earnings per share from 2027. Bond Markets: US technology giants are expected to borrow more in European and Swiss-franc markets to fund AI infrastructure, potentially adding to debt supply and borrowing costs. Trade: Switzerland and China have upgraded their free-trade agreement, with tariffs set to fall to zero on more than 99% of imports. Insurance Investing: Zurich-based Atmos Capital Partners, founded by former Twelve Securis executives, plans to launch its first cat-bond investment product before year-end.
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