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Home Commodities

Novartis Plans to Spend $23 Billion to Build, Expand 10 US Facilities, Reuters Reports

by Market News Board
10 months ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024
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Market Closed –


Swiss Exchange



11:31:36 2025-04-10 am EDT

5-day change 1st Jan Change

84.71 CHF

+2.11% -12.94% -4.50%

April 10, 2025 at 01:49 pm EDT

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© MT Newswires – 2025

Novartis Plans to Spend $23 Billion to Build, Expand 10 US Facilities


02:01pm

MT

Novartis Plans to Spend $23 Billion to Build, Expand 10 US Facilities, Reuters Reports


01:49pm

MT

Novartis Plans $23 Billion Investment to Construct, Expand 10 US Sites, Reuters Says


01:45pm

MT

Novartis plans to invest $23 billion in US plants as Trump renews drug tariff threats


01:35pm

RE

US tariffs’ bark is worse than their (potential) bite for pharmas


12:04pm
Alphavalue

NOVARTIS AG : UBS reaffirms its Neutral rating


04:30am

ZD

European shares resume selloff as trade war escalates; healthcare slumps


Apr. 09

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Pharma Stocks Slide Further After Trump Reiterates Tariff Threats on Drugs — Update


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Our Logo

NOVARTIS AG : UBS reaffirms its Neutral rating


Apr. 09

ZD

Pharma Stocks Tumble After Trump Threatens Tariffs on Medicines


Apr. 09

DJ

Global Bonds, Stocks Selloff Continues as Trade War Casts Gloom Over Global Economy


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Apr. 09

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Apr. 08

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European pharma companies warn Trump’s tariffs could expedite shift to US


Apr. 08

RE

Rocket Pharmaceuticals, Inc Appoints Sarbani Chaudhuri as Chief Commercial & Medical Affairs Officer, Effective from April 7, 2025


Apr. 07

CI

EU Commission head discusses response to tariffs with auto, steel and pharma leaders


Apr. 07

RE

NOVARTIS AG : Receives a Buy rating from Deutsche Bank


Apr. 07

ZD

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Apr. 07

RE

NOVARTIS AG : JP Morgan reaffirms its Neutral rating


Apr. 07

ZD

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Apr. 04

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NOVARTIS AG : Deutsche Bank reaffirms its Buy rating


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Our Logo

Chart Novartis AG

NOVN: Dynamic Chart

Logo Novartis AG

Novartis AG is one of the world’s leaders in the design, manufacturing, and marketing of pharmaceutical products. Net sales break down by therapeutic area as follows:

– oncology (29.3%);

– immunology (18.5%);

– cardiovascular, renal and metabolic diseases (17%);

– neuroscience (9.4%).

The remaining net sales (25.8%) are from contract manufacturing of pharmaceutical products.

At the end of 2024, Novartis AG had over 30 production sites worldwide.

Net sales are distributed geographically as follows: Europe (30.9%), the United States (42%), Asia/Africa/Australasia (20%), Canada and Latin America (7.1%).

More about the company

Sell

Consensus

Buy

Last Close Price

98.63USD

Average target price

115.59USD

Spread / Average Target

+17.20%

Consensus

Quarterly revenue – Rate of surprise

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