Zurich, Nov 25, 2025 (AFP) - Novartis to cut 550 jobs in Switzerland to focus on cell therapy

NAMPA / AFP

2025-11-25

Swiss drug company Novartis said Tuesday it plans to cut 550 jobs in Switzerland by the end of 2027 as it modernises a factory to cease producing pills and capsules to focus on cell therapies. "To maintain competitive production, we must focus on innovative production technologies and invest in a high degree of automation," Steffen Lang, who heads Novartis's operations, said in a press release. The pharmaceutical giant said it will invest $26 mil......

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