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Eli Lilly to invest $5B on Virginia plant amid Trump's pharma tariff threats

1. Eli Lilly announces $5 billion investment in Virginia manufacturing facility. 2. The facility will create 650 high-wage and 1,800 construction jobs. 3. This expands beyond an initial plan for a $2.1 billion facility. 4. Investment aligns with U.S. efforts to boost domestic drug production. 5. Potential tariffs threaten the import of pharmaceutical products.

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FAQ

Why Bullish?

The substantial investment enhances production capacity and job creation, positioning LLY favorably amid tariffs.

How important is it?

The investment reflects strategic commitments likely to positively impact stock performance and market perception.

Why Long Term?

The addition of manufacturing facilities supports long-term growth and resilience against tariff threats, similar to LLY's past expansions.

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