financetom
Business
financetom
/
Business
/
Novartis Opens Radioligand Therapy Manufacturing Facility in California
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novartis Opens Radioligand Therapy Manufacturing Facility in California
Nov 10, 2025 9:19 AM

11:56 AM EST, 11/10/2025 (MT Newswires) -- Novartis ( NVS ) said Monday it has opened a new 10,000-square-foot radioligand therapy manufacturing facility in Carlsbad, California.

The facility, which will manufacture RLTs, a form of precision medicine that combines a tumor-targeting molecule (ligand) with a therapeutic radioisotope, can begin commercial operations once it is approved by the Food and Drug Administration, Novartis ( NVS ) said.

The facility is part of Novartis' ( NVS ) planned $23 billion investment in US infrastructure over the next five years, the company said.

Price: 126.57, Change: +0.22, Percent Change: +0.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved