Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > GSK commits $30 billion to US research and development, factory expansion, as Trump visits UK
    Headlines

    GSK commits $30 billion to US research and development, factory expansion, as Trump visits UK

    GSK commits $30 billion to US research and development, factory expansion, as Trump visits UK

    Published by Global Banking and Finance Review

    Posted on September 16, 2025

    Featured image for article about Headlines

    By Maggie Fick

    (Reuters) - Drugmaker GSK said Wednesday it would invest $30 billion in U.S. research and development and supply chain infrastructure over five years, after U.S. President Donald Trump arrived in Britain for a second state visit to seal investment deals.

    The company said its new facilities in the U.S., which made up half its revenue last year, would "bridge R&D and manufacturing across both the U.S. and UK, strengthening the two countries' leadership in life sciences."

    GSK's investment includes $1.2 billion to build a new factory in Pennsylvania that will produce new medicines for respiratory disease and cancer, with construction to commence in 2026.

    It will invest in AI, digital technology, new drug substance manufacturing, and improved device assembly at GSK's five U.S. sites.

    London-based GSK is the latest drugmaker to scale up its U.S. footprint as Trump threatens to impose import tariffs on the industry and seeks to boost domestic manufacturing. The sector has historically been spared from trade disputes.

    "This landmark investment will create tens of thousands of American jobs and ensure that critical medicines and technologies are developed and manufactured right here on U.S. soil—where they belong," U.S. Commerce Secretary Howard Lutnick said in a statement shared by GSK.

    British Prime Minister Keir Starmer said in the statement that the investment was a "powerful example of how UK-U.S. collaboration was driving real-world impact – improving people's health, creating opportunity, and turbocharging growth."

    The GSK investment in the United States comes as some drugmakers, including AstraZeneca and U.S. drugmaker Merck & Co, have pulled back or paused investments in the UK, citing a challenging domestic environment.

    CLINICAL TRIALS, R&D TO GET BOOST

    The investment will bolster R&D and clinical trial activity, and the U.S. is expected to rank first for the number of studies, sites and clinical trial participants conducted by GSK over the next five years, the company said.

    The drugmaker did not say whether the $30 billion included funds already earmarked for its U.S. business.

    Pharma industry sources have told Reuters that some firms that have announced large U.S investments under Trump have included projects or sites already in the works in order to provide a large headline figure.

    GSK said it had committed about $2 billion to U.S. manufacturing over the past year, which would add hundreds of skilled jobs as well as construction roles, building on its roughly 15,000 strong U.S. workforce.

    (Reporting by Puyaan Singh in Bengaluru and Maggie Fick in London; Editing by Krishna Chandra Eluri and Bernadette Baum)

    Related Posts
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    BBC says it will fight Trump lawsuit over edited speech
    BBC says it will fight Trump lawsuit over edited speech
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Europe's leaders and laggards in electric vehicle sales
    Europe's leaders and laggards in electric vehicle sales
    EU members bordering Russia push for enhanced security at Helsinki meeting
    EU members bordering Russia push for enhanced security at Helsinki meeting
    Netherlands will host International Claims Commission for Ukraine, minister says
    Netherlands will host International Claims Commission for Ukraine, minister says
    EU to widen carbon border levy to close loopholes on polluting goods, draft shows
    EU to widen carbon border levy to close loopholes on polluting goods, draft shows

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostNew UK exhibition looks at 'the most fashionable queen' Marie Antoinette
    Next Headlines PostUK and US agree $42 billion tech pact to mark Trump's visit

    More from Headlines

    Explore more articles in the Headlines category

    Plan to build church for war dead in city park sparks rare protest in Russia

    Plan to build church for war dead in city park sparks rare protest in Russia

    Polish student detained over suspected Christmas market attack plot

    Polish student detained over suspected Christmas market attack plot

    China lowers EU pork tariffs in final ruling after 18-month probe

    China lowers EU pork tariffs in final ruling after 18-month probe

    European defence stocks slide amid progress in Ukraine peace talks

    European defence stocks slide amid progress in Ukraine peace talks

    App developers urge EU action on Apple fee practices

    App developers urge EU action on Apple fee practices

    Kering sells majority stake in New York property in $900 million deal 

    Kering sells majority stake in New York property in $900 million deal 

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    EU to yield on combustion engines ban after automaker pressure

    EU to yield on combustion engines ban after automaker pressure

    US pauses implementation of $40 billion technology deal with Britain

    US pauses implementation of $40 billion technology deal with Britain

    Taiwan's global credibility on the line with disputed laws, president says

    Taiwan's global credibility on the line with disputed laws, president says

    View All Headlines Posts