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Brazil wants to reindustrialize the pharmaceutical sector and attract foreign companies to invest in it

The elected Brazilian government of Luiz Inácio Lula da Silva wants to stimulate the reindustrialization of the pharmaceutical sector, make a specific tax reform for the industry and attract foreign companies to invest, official sources said yesterday evening.

Senator Humberto Costa, coordinator of the health area of Lula da Silva's team and former Minister of Health during Lula's first term in office, said that the pandemic showed the need for Brazil to have vital industries to produce equipment, medicines, and vaccines.

"It became clear during the pandemic that Brazil lost its autonomy and capacity to be self . . .

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