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Novartis Plans Basel Lab Relocation, Potential 130 Swiss Job Cuts

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Sig2.96Sen-1.65Env0.00Soc-3.33Gov-0.22

Novartis AG may cut about 130 jobs in Switzerland as it relocates laboratory work to its main Basel campus and ends small-scale biologics production at the Kleinbasel site. Labs for biological cell banks, analytical testing and technical development are planned to move by end-2028, linked to expiring leases, with potential cuts subject to an information and consultation process.

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