Roche Holding AG to Shutter New Jersey Lab, Open NYC One

Roche Holding AG, a Swiss pharmaceutical company, announced yesterday it would be closing its lab in Nutley, New Jersey for a new facility on the east side of Manhattan, The company plans to open its New York City facility by the end of 2013. The purpose of this new facility is to “take molecules discovered in Europe and move them into clinical development, as well as handle interactions with the U.S. Food and Drug Administration,” the company told Reuters.

It was not immediately clear where this facility will be located.
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Roche Holding AG to Shutter New Jersey Lab, Open NYC One