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Novartis breaks ground on flagship manufacturing hub in North Carolina
Globenewswire· 2025-12-12 12:00
Core Points - Novartis has commenced construction on a new manufacturing hub in North Carolina, which will span over 700,000 square feet [1][4] - The project includes new facilities in Morrisville and Durham, along with the expansion of an existing facility, expected to create 700 direct jobs and over 3,000 indirect jobs by 2030 [2][4] - This initiative is part of Novartis' broader $23 billion investment in US infrastructure over the next five years [2][9] Investment and Economic Impact - The new manufacturing hub is anticipated to open between 2027 and 2028, marking a significant investment in the US market [5][6] - The expansion reflects Novartis' commitment to domestic production of key medicines, enhancing the supply chain for US patients [4][7] - The project is expected to bolster the local economy and create high-paying jobs, reinforcing North Carolina's position in the life sciences sector [5][9] Regulatory and R&D Developments - Novartis has achieved five FDA approvals in various therapeutic areas, demonstrating its commitment to innovation [8] - The company plans to establish a $1.1 billion biomedical research hub in San Diego, complementing its existing research facilities [8] - Investments in manufacturing capabilities include new facilities in Florida and Texas, alongside expansions in Indiana and New Jersey [8]
Novartis breaks ground on flagship manufacturing hub in North Carolina
Globenewswire· 2025-12-12 12:00
Figure 1 Novartis executives, federal, state and local officials gather for a groundbreaking at the company's flagship manufacturing hub in Durham, North Carolina, Thursday, December 11, 2025 Figure 2 Novartis CEO Vasant (Vas) Narasimhan, MD, pictured with North Carolina Governor Josh Stein at the company's flagship manufacturing hub groundbreaking in Durham, NC, Thursday, December 11, 2025 FDA Commissioner Marty Makary, North Carolina Governor Josh Stein and Novartis leadership highlight importance ...
Novartis announces plans to build flagship manufacturing hub in North Carolina
Globenewswire· 2025-11-19 17:30
Core Insights - Novartis is expanding its operations in North Carolina by creating a new flagship manufacturing hub with end-to-end manufacturing capabilities, ensuring that key medicines for US patients are produced domestically [1][2][3] Investment and Infrastructure - The expansion is part of Novartis' $23 billion investment in US-based infrastructure over the next five years, aimed at increasing manufacturing capacity and enabling 100% production of key medicines in the US [2][5] - The new hub will encompass over 700,000 square feet and is expected to create 700 new jobs at Novartis and over 3,000 indirect jobs across the supply chain by the end of 2030 [3][4] Manufacturing Capabilities - The hub will allow for the production of medicines across Novartis' main therapeutic areas, including oncology, immunology, neuroscience, and cardiovascular, renal, and metabolic [2][6] - Existing facilities in Durham will be expanded, and new sites will be built in Morrisville, enhancing capabilities for biologics, sterile packaging, and solid dosage forms [6] Commitment to Innovation - The CEO of Novartis emphasized the commitment to American innovation and the importance of a resilient US supply chain, highlighting the investment's role in delivering medical breakthroughs [3] - North Carolina's leadership in advanced pharmaceutical manufacturing is reinforced by this expansion, which is expected to strengthen the state's economy [3][4]