Novartis to Build Radioligand Therapy Site in Texas to Expand US Manufacturing

URLhttps://money.usnews.com/investing/news/articles/2
Sourcemoney.usnews.com
Date Published02/25/2026

Additional Reshoring Information:

Company/Division name Novartis
Parent companyNovartis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2026
Year reshoring implemented or to be implemented:2028
Domestically, the work will be done:In-house
Country(ies) from which reshored:Switzerland
City reshored to:Denton
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals, Computer & Electronic Products
Product(s) reshoredRadioligand therapy (radiation therapy)
What non-domestic negative factors made offshoring less attractive?Supply chain interruption, Tariffs
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