Novartis AG Rumored to Expand in Ireland

Published: Aug 23, 2012

Novartis AG (NOVN), Europe’s largest drugmaker by revenue, is looking for office space in Dublin and may lease an additional 100,000 square feet (9,300 square meters), two people with knowledge of the matter said. IDA Ireland, the government agency that seeks overseas investment, is working with Novartis, said the people, who asked not to be named because the company hasn’t yet decided whether to expand. A building at Elm Park about six kilometers (3.7 miles) from the center of the Irish capital is one of the properties being considered by the Basel, Switzerland-based company, one of the people said.

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