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Swiss drugmaker Novartis to invest $23bn in US manufacturing and R&D

  • Novartis will invest $23 billion in the United States to build seven new facilities and expand others over the next five years.
  • This investment aims to create nearly 1,000 jobs at Novartis and approximately 4,000 additional jobs in the U.S.
  • Two new manufacturing plants will be located in Florida and Texas, with expansions in Indiana, New Jersey, and California.
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Bloomberg broke the news in United States on Thursday, April 10, 2025.
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