Novartis to Invest $600M in Cambridge Complex

10/27/10

Swiss pharma behemoth Novartis, already Cambridge, MA’s biggest corporate employer, planns to invest $600 million more in a new 4 acre office and lab complex here, according to a report on the Boston Globe website. As part of a plan to strengthen its global research operations, which have been headquartered in Cambridge since 2002, Novartis expects to hire 200 to 300 more Cambridge-based employees over the next five years, which would bring the total local workforce in the city to about 2,300, according to the Globe.

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