Novartis moving 120 Alcon jobs to Massachusetts

Posted Tuesday, Apr. 09, 2013  comments  Print Reprints
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FORT WORTH -- Swiss pharmaceutical giant Novartis said Tuesday it is consolidating its U.S.-based eye disease research projects in Cambridge, Mass., and closing the Novartis Institutes for BioMedical Research group on its Alcon Labs campus in Fort Worth.

About 120 employees in Fort Worth were told Tuesday their jobs will end June 11, said Dave Jackson, an Alcon spokesman. The employees will be allowed to apply for jobs in Cambridge as well as for other positions with Alcon, he said.

"Alcon's Research and Development operations in Fort Worth, focused on pharmaceutical development and formulation as well as medical device research and development, will continue to operate with its full workforce of approximately 950 associates," Jackson said.

The Novartis Institutes for BioMedical Research has 1,600 scientists in Cambridge, he said. Researchers who do not move to Cambridge or do not apply for jobs in Fort Worth will be eligible for a severance package, Jackson said.

Novartis acquired Alcon, a producer of ophthalmic surgical products and pharmaceuticals, in 2011. After the purchase, Novartis said it was expanding its facilities in south Fort Worth with a Finance Service Center for the company's North American operation as well as integrating its Atlanta-based Ciba Vision and Novartis Ophthalmic units into Alcon's operations. Alcon now has 4,800 employees, Jackson said.

The City Council established a reinvestment zone for Alcon's campus off Interstate 35W near Interstate 20 and granted an 80 percent tax abatement on the incremental real and personal property taxes for 10 years. Alcon said it planned to spend more than $11 million in that expansion.

Sandra Baker, (817) 390-7727

Twitter: @SandraBakerFWST

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