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  • Novartis plans to shut...

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

Ruchika SharmaWritten by Ruchika Sharma Published On 2022-09-12T12:24:05+05:30  |  Updated On 12 Sep 2022 6:54 AM GMT
Novartis plans to shut down Sandoz North Carolina plant by 2023 end

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...

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

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




novartis novartis news sandoz sandoz news Sandoz generics plant 
Source : Reuters
Ruchika Sharma
Ruchika Sharma

    M.Com

    Ruchika joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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