News of the WeekDRUG RESEARCH

Novartis Sows Its Future in U.S. Soil

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Science  17 May 2002:
Vol. 296, Issue 5571, pp. 1216-1217
DOI: 10.1126/science.296.5571.1216

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CAMBRIDGE, MASSACHUSETTS-- The Swiss drug giant Novartis, based in Basel, intends to set up a $250 million research facility here that will guide its overall R&D efforts--a move that has sent shock waves rippling through the company's home turf. Novartis's move is the latest blow to homegrown European drug research and reflects the company's efforts to keep U.S. competitors in its sights.