Radiotherapy leader Novartis brings US isotope production in house, builds West Coast plant

URLhttps://www.fiercepharma.com/manufacturing/novarti
SourceFierce Pharma
Date Published09/04/2024
Author NameAngus Liu

Additional Reshoring Information:

Company/Division name Novartis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Switzerland
City reshored to:Carlsbad
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredisotopes for radiotherapy biotech
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
Find Reshoring Articles