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Business

Novartis invests in 2 US radiopharmaceutical facilities

by Aayushi Pratap
September 19, 2024 | A version of this story appeared in Volume 102, Issue 29
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Novartis is making two investments in new radiopharmaceutical manufacturing sites in the US. The Swiss pharmaceutical giant will open a third US radioligand plant in Carlsbad, California, to serve the West Coast. The company also plans to add a new radioligand facility at its site in Indianapolis. Novartis currently has two radiotherapies on the market, Pluvicto and Lutathera, which last year generated revenue of $980 million and $458 million, respectively.

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