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Novartis (NVS) Announces Plans to Establish a New Radioligand Therapy Manufacturing Site in Denton, Texas [Yahoo! Finance]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Yahoo! Finance
Novartis AG (NYSE: NVS ) is one of the top gene therapy stocks to buy according to hedge funds . Novartis AG (NYSE:NVS) announced on February 25 plans to establish a new 46,000-square-foot radioligand therapy manufacturing site in Denton, Texas. It stated that the purpose-built RLT site would mark the company's fifth in the United States and first manufacturing facility in Texas, and reflects further progress in its $23 billion US investment. Construction is scheduled to begin in 2026, and the site is anticipated to become fully operational in 2028. Novartis AG (NVS): Jim Cramer Wonders Whether Its CEO Is Leaving Novartis AG (NYSE:NVS) further stated that the new site is expected to create new jobs in advanced manufacturing, bioengineering, quality, and operations, supporting economic growth in Denton and surrounding communities. Vas Narasimhan, CEO of Novartis AG (NYSE:NVS), stated that RLT holds the potential to revolutionize cancer care and that the addition of a fifth RLT man Show less Read more
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