Novartis plans to shut down Sandoz North Carolina plant by 2023 end

Published On 2022-09-12 06:54 GMT   |   Update On 2022-09-12 06:54 GMT
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Zurich: Pharmaceuticals company Novartis plans to close a Sandoz generics plant in Wilson, North Carolina, around the end of 2023, it said on Friday, citing inability to use the U.S. site to full capacity.

The site with about 246 employees specialises in producing pharmaceutical oral solid dosage products for distribution mostly in U.S. and Canadian markets.

Read also: Novartis Sandoz division to go independent

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It said the decision to close the site had come before it announced a strategic review of Sandoz, which it plans to spin off to sharpen the group's focus on patented prescription medicines.

Read also: Novartis Kisqali adds one more year of survival benefit for broadest set of patients, including those with aggressive HR+/HER2- advanced breast cancer




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Article Source : Reuters

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