Medicines central to J&J’s $55 billion US investment
.US healthcare giant Johnson & Johnson (NYSE: JNJ) has announced manufacturing, research and development and technology investments of more than $55 billion in the USA over the next four years.
This represents a 25% increase in investment compared to the previous four years and builds upon J&J’s already elevated US investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act.
The move will likely be popular with US President Donald Trump, who has sought to champion investments in the USA rather than big companies running their operations overseas at potentially lower cost.
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