Roche, answering tariff threat, pledges $50B to US drug production [Yahoo! Finance]
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: Yahoo! Finance
Roche is the latest drugmaking planning to expand drug production in the U.S., announcing Tuesday a pledge to spend $50 billion over five years on new and existing manufacturing facilities in several states. The investment promise comes at a time when the Trump administration's tariff policies have thrown global trade into disarray and pressured drugmakers . Roche, in response, said it intends to build new factories for obesity medications, gene therapies, continuous glucose monitoring devices, as well as a new research and development center. Roche will expand several existing plants as well. According to Roche, the investments will enable the company to export more drugs from the U.S. than it imports, something it already does with diagnostics. They will also create 12,000 new jobs, the company said. Roche is the fifth big drugmaker this year to promise to significantly boost its U.S. manufacturing capacity, following Johnson & Johnson Eli Lilly Merck & Co. and Novartis . All
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NVS
News
- Has Novartis' 24.5% Surge Left Further Upside After Strong Pipeline and Cash Flow Gains? [Yahoo! Finance]Yahoo! Finance
- Novartis (NVS) Enters $1.7 Billion Development Deal, Says Report [Yahoo! Finance]Yahoo! Finance
- Novartis breaks ground on flagship manufacturing hub in North Carolina [Yahoo! Finance]Yahoo! Finance
- Novartis breaks ground on flagship manufacturing hub in North CarolinaGlobeNewswire
- Drugmaker Novartis begins work on Research Triangle expansion [Yahoo! Finance]Yahoo! Finance
NVS
Earnings
- 10/28/25 - Miss
NVS
Sec Filings
- 11/25/25 - Form 6-K
- 11/20/25 - Form 6-K
- 11/5/25 - Form 6-K
- NVS's page on the SEC website