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Novartis Investing Roughly €500M in Biopharma Production in Austria

The expansion in cell culture technology will create 350 new jobs in Tyrol.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

To align its production network with its strategy and new technologies, Novartis unveiled planned investments with a focus on Austria. To Novartis’ production capacities with these projects, two new cell culture facilities are being built at the long-standing Tyrolean locations in Kundl and Schaftenau. €250 million will be invested in a facility in Kundl, which is scheduled to be completed by 2025 and will create 180 jobs in the areas of production, quality, and support. In Schaftenau, the alrea...

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