Novartis breaks ground on new global Biomedical Research center in San Diego to accelerate drug discovery
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: GlobeNewswire
New facility will enable end-to-end discovery across key disease areas and technology platforms, joining existing global research sites including Cambridge, Massachusetts, and Basel, SwitzerlandApproximately 466,000-square-foot site with AI-enabled discovery capabilities, expected to house about 1,000 employees Part of a USD 23 billion US investment to expand R&D and advanced manufacturing to reach more patients East Hanover, February 6, 2026 – Novartis today broke ground on a new, state-of-the-art global Biomedical Research center in San Diego, California, designed to provide world-class scientific infrastructure and drug-discovery capabilities to advance the company’s pipeline for patients. Once operational in 2029, the approximately 466,000-square-foot facility is expected to house about 1,000 Novartis employees and integrate seamlessly with Novartis global research sites including Cambridge, Massachusetts, and Basel, Switzerland, enabling integrated discovery efforts across r
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- Novartis expects low single-digit decline in 2026 operating profit [Yahoo! Finance Canada]Yahoo! Finance Canada
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NVS
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- 2/4/26 - Beat
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- 2/4/26 - Form S-8
- 2/4/26 - Form 6-K
- 2/4/26 - Form 6-K
- NVS's page on the SEC website