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Novartis Plans Worldwide Research HQ in Cambridge

Published 5/29/2002

Novartis AG will lease the entire 255,000-sf Technology Square building and 150,000 sf nearby to establish the Novartis Institute for Biomedical Research in Cambridge. The Swiss pharmaceutical giant, Europe's third-largest drug manufacturer, will invest $255-million in the worldwide research headquarters that will eventually house 900 scientists.