Waltham-based Thermo Fisher is the latest life-science company vowing to make a major multibillion-dollars jobs investment in the U.S., following the leads of Roche, Novartis, Eli Lilly, Johnson & Johnson etc. … You gotta give credit where credit is due. This wouldn’t have happened without President Trump’s threat of tariffs on the pharmaceutical/life-science sector. … Of course, these expansions are only on paper at this point. Press releases are press releases, after all. … The BBJ has more on Thermo Fisher’s me-too announcement. And the NYT has more on all the me-too Euro firms suddenly announcing US expansion plans.

Update — 4.29.25 – Another me-too announcement, via the WSJ: “Merck to Spend $1 Billion on New Factory to Make U.S. Supplies of Blockbuster Drug>”