There have been some concerns around the Trump administration's treatment of big pharma, especially Robert F Kennedy, the recently appointed Secretary of Health and Human Services. Kennedy is a renowned sceptic about the drug industry and has spoken out against some vaccines. I'm not going to get into that debate here, but what I do know is that the current administration is very Pro-America.
I am sure they are delighted to see that Eli Lilly plans to spend $27 billion to build 4 new production facilities in the US. At a press conference in Washington DC called "Lilly in America" CEO Dave Ricks (pictured) laid out their plans to make the largest pharmaceutical investment in US history.
We like Eli Lilly because it's American and will be supported by Americans. I have no doubt that this kind of investment will be supported by government too. Most importantly, the new facilities will help them meet the huge demand that is coming for their weight-loss drugs.