Category Archive: 3.) Swissinfo Business and Economy

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Novartis given green light for infant anti-malaria drug

2025-07-08

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2025-07-08

Swiss medicines regulator Swissmedic has approved Coartem Baby, a Novartis anti-malaria drug developed for infants weighing between two and five kilos. +Get the most important news from Switzerland in your inbox This is a significant step in global efforts to improve access to life-saving treatments for vulnerable populations, Swissmedic wrote in a statement today. The …

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US extends tariff deadline to August 1

2025-07-08

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2025-07-08

The United States has extended a July 9 deadline for ongoing tariff negotiations until August 1 for many countries, including Switzerland. +Get the most important news from Switzerland in your inbox US President Donald Trump signed a decree to this effect on Monday. China is excluded from the deadline extension as there is a separate …

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Swiss inaction threatens global antibiotic development push

2025-07-08

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2025-07-08

Switzerland is a major hub for pharmaceutical companies, but it has done little to encourage the development of new antibiotics – a shortfall that could have serious consequences at home and abroad. Global health experts have long warned that resistance to antimicrobials, including antibiotics, is a slow-moving crisis with deadly consequences. In 2019, antimicrobial resistance …

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Swiss bosses distance themselves from the United States

2025-07-07

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2025-07-07

According to a survey of executives, Swiss companies are increasingly turning away from the US and orientating themselves more towards South East Asia and the EU. Almost two-thirds of 280 managers surveyed stated that their image of the United States had deteriorated over the past year. At the same time, 38% rated the EU more …

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Swiss branch of Gaza Humanitarian Foundation shuts down, Women’s EURO kicks off, Swiss lakes warm up

2025-07-04

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Here are three stories from Switzerland this week 🇨🇭 Let us know what you think in the comments. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel.

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Swiss face “difficult” pharma negotiations with Mercosur

2025-07-04

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2025-07-04

Work still needs to be done on pharmaceutical products as part of the free trade agreement signed with Mercosur, said Swiss Economics Minister Guy Parmelin. +Get the most important news from Switzerland in your inbox However, Parmelin added that the outcome of the negotiations was very good. "The negotiations were difficult right up to the …

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Amnesty International opens exile Hong Kong office in Bern | #switzerland #hongkong

2025-07-03

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Amnesty International has opened an exile Hong Kong office in the Swiss capital Bern. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel:...

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Swiss group launches referendum against individual taxation

2025-07-03

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2025-07-03

The introduction of individual taxation of spouses in Switzerland would create new inequalities, says an all-party group launching a referendum. +Get the most important news from Switzerland in your inbox The referendum was launched against the indirect counter-proposal to a popular initiative, which the group labels as deception. Individual taxation would not lead to greater …

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Swiss shoe maker On employs one robot instead of 300 workers

2025-07-03

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2025-07-03

The Swiss running shoe company On has opened its first production site for the innovative Lightspray shoe - a fully automated robotic process. +Get the most important news from Switzerland in your inbox "Around 300 people normally work on a conventional shoe," explained Caspar Coppetti, co-founder of On. With Lightspray technology, this work is done …

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The Brics and Switzerland: aspirations and reality

2025-07-03

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2025-07-03

What is the significance of the Brics group of states and how should Switzerland position itself regarding them? The perspectives on this differ. The Brics group has been trying to shake up international politics for almost two decades. The "loose gathering of states", as a report by the Swiss foreign ministry puts it, presents an …

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Can Saudi Arabia’s billions unlock the secrets to a longer, healthier life?

2025-07-03

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2025-07-03

Longevity has been an underfunded area of biotech research, as the challenge of getting drugs approved and the high risk of failure have deterred most pharma giants and academic grant providers. Now, Saudi Arabia is throwing it a lifeline. For nearly a decade, molecular biologist Johan Auwerx fought to get investors to back his theory …

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Swiss pharma firm Sandoz invests $440 million in Slovenia

2025-07-02

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2025-07-02

Sandoz is expanding its presence in Slovenia. The Basel-based generics giant has launched the construction of a new biosimilars production centre in Brnik at a cost of $440 million (CHF349 million). +Get the most important news from Switzerland in your inbox The announcement brings current and planned investments in the small Alpine country to more …

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ABB expands robotics business in China

2025-07-02

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2025-07-02

The Swiss-Swedish technology group ABB is expanding its robotics business in China. Three new robot families are being added to the portfolio, which are used for basic material handling through to demanding tasks such as dispensing or polishing. +Get the most important news from Switzerland in your inbox The new robots will be produced in …

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Janssen vaccine maker considers closing Bern factory

2025-07-02

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2025-07-02

Vaccine developer Janssen is considering closing its factory in the Swiss capital Bern. On Tuesday it opened a consultation procedure with employees to find alternatives. Up to 300 employees could be affected by a plant closure. +Get the most important news from Switzerland in your inbox The subsidiary of US pharmaceutical giant Johnson & Johnson …

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How US tariffs could disrupt the generic drugs supply chain

2025-07-01

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2025-07-01

Generic drugs run on thin margins and tight supply chains. Any disruption triggered by increased tariffs could raise prices, push some manufacturers out of the market and even worsen medicine shortages. Generic medicines – cheaper versions of branded drugs whose patents have expired – are the backbone of modern healthcare. They account for most prescriptions …

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Swiss watch industry calls for ‘clear solution’ with US

2025-06-26

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2025-06-26

With the suspension of United States tariffs only a few days away, the president of the Federation of the Watch Industry (FH) has called for a clear solution and a swift agreement between Bern and Washington.

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Swiss steel traders face price fixing probe

2025-06-26

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2025-06-26

The Swiss Federal Competition Commission (ComCo) has opened an investigation into four steel traders accused of illegal collusion.

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CEO of Swiss state-owned technology company Ruag resigns

2025-06-26

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2025-06-26

The head of the Swiss state-owned technology group Ruag International is stepping down after parliament decided against privatising its Beyond Gravity unit.

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Nestlé fined by Swiss canton for illegally filtered water

2025-06-25

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2025-06-25

Nestlé has been fined CHF500,000 ($620,000) in its home canton of Vaud for the unauthorised use of activated carbon filters in the production of mineral water. The filters were used to produce Henniez water from 2008 to 2022. This was announced by the Vaud public prosecutor's office on Wednesday. The use of activated carbon filters …

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Inheritance tax referendum spooks Swiss super-rich

2025-06-23

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2025-06-23

Lawyers and bankers in Switzerland are warning of a UK-style exodus of the wealthy ahead of a referendum on a 50% inheritance tax for the super-rich. The Alpine nation is due to hold a popular vote in November on the introduction of a federal tax on inheritances and gifts worth more than CHF50 million ($61 … Continue...

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