Novartis plans to invest $23 billion in US plants as Trump renews drug tariff threats [CNBC]
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: CNBC
Novartis said it plans to build six new manufacturing plants, some of which will make raw pharmaceutical ingredients, as well as a new research and development site in San Diego, California. Novartis' drugs, including heart failure medicine Entresto and breast cancer therapy Kisqali, are manufactured across 33 sites globally. The new sites and extensions will be built over the next five years and are expected to create more than 1,000 jobs for skilled workers like engineers and scientists as well as another 3,000 support staff and construction jobs, Novartis said. The company said it had yet to decide where to build four of its new manufacturing plants, but that two used to produce certain cancer therapies would be built in Florida and Texas. T
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NVS
News
- Swiss Agree to Tariff Negotiations With Trump Administration [Yahoo! Finance]Yahoo! Finance
- Why Novartis (NVS) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Roche, answering tariff threat, pledges $50B to US drug production [Yahoo! Finance]Yahoo! Finance
- Roche to invest US$50-billion in U.S. to avoid Trump tariffs, create 12,000 jobs [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Novartis to Report Q1 Earnings: Will Key Drugs Maintain Momentum? [Yahoo! Finance]Yahoo! Finance
NVS
Earnings
- 1/31/25 - Beat
NVS
Sec Filings
- 4/3/25 - Form 6-K
- 3/28/25 - Form 6-K
- 1/31/25 - Form 6-K
- NVS's page on the SEC website