BASF will invest at Novartis’ Kundl/Schaftenau Campus, in Austria
Target is to further develop a world-scale production set-up for bacterial enzymes and biotechnology products
With this investment, BASF strengthens its position in the enzymes and biotechnology market
On April 26, 2021 BASF has agreed with Sandoz GmbH, a subsidiary of Novartis, to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF to further develop its production footprint for enzymes and biotechnology products.
Both parties agreed not to disclose financial details of the agreement.
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