Novartis stock on watch as Florida radioligand plant plan tees up JPM conference week
Novartis will build a 35,000-square-foot radioligand therapy manufacturing plant in Winter Park, Florida, set to open by 2029. The move is part of a $23 billion U.S. investment plan. Novartis ADRs closed up 0.1% at $141.54 on Friday. CEO Vas Narasimhan is scheduled to speak at the J.P. Morgan Healthcare Conference on Jan. 12.