Mar. 19 at 3:57 PM
$CDXS I've said this before and I will say it again, the only thing IMHO opinion for investing all this money into the ECO Synthesis GMP production facility they are building out in Hayward is if they have a 'very large potential contract' to manufacture on the line. What would that be? Inclisiran. It is currently solely produced in Europe by
$NVS . What did Jimenez clearly say yesterday, "scale from 100 grams to 0.5 kilograms by year end...supported by successful quality inspections by a large pharmaceutical customer."
That being said: "We expect to be in a position by middle of this year where we are not really exposed to tariffs, because we’re able to produce in the U.S. for the U.S. We have inventory on hand," Narasimhan told CNBC."
https://www.investing.com/news/stock-market-news/novartis-ceo-says-company-likely-shielded-from-us-tariffs-93CH-4454980
