Novartis Further Expands In Biotechnology Sector

BMI Core View: Offshoring manufacturing to low-cost bases will accelerate. Multinational drugmakers are looking to cut costs during the patent cliff and production is being shifted to emerging markets. The key attributes of a manufacturing hub are a favourable tax regime, political stability, a strategic location close to consumers and affordable utilities, real estate and waste management

To read the full article, please choose one of the following options: