Novartis plots 2nd U.S. factory to meet demand for Lutathera and future cancer radiotherapies

Novartis plots 2nd U.S. factory to meet demand for Lutathera and future cancer radiotherapies

Source: 
Fierce Pharma
snippet: 

When Novartis shelled out $3.9 billion for France-based Advanced Accelerator Applications in 2017, it had blockbuster hopes for AAA’s Lutathera, a radiotherapy to treat neuroendocrine tumors (NETs).

Those expectations were not misplaced. In fact, demand for Lutathera is so high that AAA is planning to build a new 50,000-square-foot manufacturing plant in Indianapolis’ Purdue Research Park to make the drug and other radiotherapies, the Novartis unit said Tuesday.