NVS Plans to Invest $23B in US Manufacturing Sites Amid Tariff Threat [Yahoo! Finance]
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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US:NYSE Investor Relations:
novartis.com/investors
Company Research
Source: Yahoo! Finance
Backed by this investment, the company intends to manufacture all key drugs for its U.S. patients in the country. NVS' decision to expand its current manufacturing, research and technology presence across the country follows President Trump's announcement of tariffs on pharmaceutical imports. The company's shares are up in pre-market. Novartis' shares have risen 8.7% year to date against the industry's decline of 8.2%. Image Source: Zacks Investment Research Last week, Trump announced new tariffs on almost all trading partners in a move to reportedly boost domestic manufacturing. The so-called “reciprocal tariffs” included a 34% tax on imports from China and 20% on the European Union, among others, along with a 10% b
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NVS
News
- MSD's Gardasil sales slide further due to China constraints [Yahoo! Finance]Yahoo! Finance
- 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
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