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Updated · MarketWatch · Apr 30Novartis plans active pharmaceutical ingredients facility in North Carolina
14 articles · Updated · MarketWatch · Apr 30
- The 56,200-square-foot plant in Morrisville will produce ingredients for tablets, capsules and RNA therapeutics.
- It is the seventh and final planned facility under the drugmaker's $23 billion US manufacturing investment announced last year.
- The new site will become Novartis' fifth facility in North Carolina, spread across three locations in the state.
Are new US tariffs the real reason behind Novartis's massive domestic investment? Will reshoring drug manufacturing actually lower prescription costs for American patients? Is this the beginning of the end for America's reliance on foreign medicine?