Novartis to build radioligand therapy plant in Texas

Novartis will build a 46,000-square-foot radioligand therapy site in Denton, Texas. The facility supports a broader expansion to mitigate drug import tariffs.

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The Swiss drugmaker NOVARTIS AG-2ND LINE[Symbol:{\"assets\":{\"symbol\":\"0QM7.L\"}}] announced on Wednesday its intention to construct a new radioligand therapy (RLT) manufacturing facility in Denton, Texas. This project represents the company's first such facility in Texas and its fifth across the United States[Country:{\"assets\":{\"country\":\"US\"}}].

The logo of Swiss pharmaceutical company Novartis is displayed at its French headquarters in Rueil-Malmaison near Paris, France, in April 2020. REUTERS/Charles Platiau/File Photo
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