(Reuters) -Swiss medical technology company Ypsomed is planning to move some production to Germany and increase its output in the U.S. due to the threat of 39% tariffs on imports from Switzerland, Bloomberg News reported on Tuesday, citing its CEO Simon Michel. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sahal Muhammed)
Health
Ypsomed to move production to Germany, increase output in US, Bloomberg News reports
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(Reuters) -Swiss medical technology company Ypsomed is planning to move some production to Germany and increase its output in the U.S. due to the threat of 39% tariffs on imports from Switzerland, Bloomberg News reported on Tuesday, citing its CEO Simon Michel.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sahal Muhammed)