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NVS Novartis AG

100.60
-0.51 (-0.50%)
Last Updated: 17:29:10
Delayed by 15 minutes
Name Symbol Market Type
Novartis AG NYSE:NVS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.51 -0.50% 100.60 100.65 100.065 100.29 553,344 17:29:10

Novartis's Sandoz to Move to New Basel Headquarters After Spinoff

01/06/2023 7:15am

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Novartis (NYSE:NVS)
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By Adria Calatayud

 

Novartis's off-patent medicines division Sandoz said Thursday that it plans to move to new headquarters next year, but remain based in Basel, Switzerland, following its planned separation from its current parent company.

Sandoz, which is due to be spun off from the Swiss pharmaceutical giant in the second half of 2023, said it expects to move from the Novartis campus to its new headquarters in mid-2024.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

June 01, 2023 02:00 ET (06:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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