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$50B

Roche will invest $50 billion in the United States over five years, the Swiss drugmaker announced on Tuesday, a move that comes amid President Trump’s threats to impost tariffs on pharmaceuticals.

Though pharmaceuticals are typically excluded from tariffs, Trump has looped the industry into his trade war with the rest of the world. Roche joins other European drugmakers like Eli Lilly and Novartis in announcing boosts to operations in the US in recent months.

While European research-based drugmakers are more likely to invest the capex to move manufacturing to the US, most prescriptions are for generic drugs, which predominantly come from Asia, operate on slimmer margins, and are less likely to relocate.

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LA Auto Show

Rivian just had its best day ever on the stock market, after more than 4 years of pain

The EV-maker’s software division helped power a strong Q4, as industry giants pump the brakes on their electric ambitions.

business
Tom Jones

Warner Bros. board members reportedly consider reopening deal talks with Paramount

Paramount’s latest amended bid for Warner Bros. Discovery has finally given the board members of the entertainment conglomerate something to seriously think about, after Bloomberg reported over the weekend that WBD is now considering reopening negotiations with Paramount, despite striking an ~$83 billion binding deal with Netflix in early December.

With the market closed yesterday, Paramount and Warner Bros. Discovery investors are just now getting the chance to react to the news, with the stocks up around 3% and 1% in premarket trading, respectively.

Last Tuesday, Paramount announced that it had enhanced its all-cash $30-per-share bid for Warner Bros., adding an offer to cover the $2.8 billion breakup fee the company would incur with Netflix, as well as a $0.25-per-share “ticking fee” for every quarter the deal hasn’t closed after the end of 2026. Despite Paramount (again) not boosting the bid’s headline cash offer, these latest terms, as well as an offer to backstop a Warner Bros. debt refinancing, have apparently proven enough to give at least some board members pause for thought.

Indeed, top brass at the HBO owner are mulling the possibility that Paramount’s boosted offer could lead to a better deal down the line, Bloomberg reported, citing people familiar with the board’s latest thinking. Still, whether that means the WBD board is hoping for a better bid from Paramount themselves — or the streamer they’ve currently got a binding deal with — is another matter entirely.

Strive Pharmacy recently broke ground on a new facility in Mesa, Arizona. (Strive Pharmacy)

Before Hims’ GLP-1 pill fallout, its pharmacy partner was already drawing scrutiny from state regulators

Strive has already been probed over the timing of its GLP-1 compounding. Now, Arizona regulators are looking into complaints about ketamine misuse and improper distribution of prescription drugs.

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