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Stock impact report

Novartis plans to expand its US-based manufacturing and R&D footprint with a total investment of $23B over the next 5 years [Yahoo! Finance]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Yahoo! Finance
With new manufacturing capacity, Novartis will be able to produce 100% of its key medicines end-to-end in the US, a significant increase from current levels Increased R&D presence planned includes a new research hub in the San Diego area to tap some of the best and brightest minds in America Investment supports Novartis +5% cc CAGR 2024-2029 sales guidance EAST HANOVER, N.J. April 10, 2025 /PRNewswire/ -- Today, Novartis, a leading global innovative medicines company, announced a planned $23 billion investment over 5 years in US-based infrastructure, ensuring all key Novartis medicines for US patients will be made in the United States . This commitment enables Novartis to expand on its current manufacturing, research and technology presence across the country with 10 facilities, including 7 brand new facilities, creating nearly 1,000 new jobs at Novartis and approximately 4,000 additional US jobs. The production capacity will cover both active pharmaceutical ingredients (API) a Show less Read more
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