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The Boston Globe

Business

Novartis to add 175 jobs in Cambridge, cut elsewhere

Once again, a cost-conscious big pharma company is axing research and development operations around the world — but hiring more scientists and drug developers in the Boston area.

This time it’s Swiss pharmaceutical giant Novartis AG, which plans to cut about 500 research jobs elsewhere while adding about 175 jobs at the company’s global research headquarters in Cambridge. The jobs at the Novartis Institutes for BioMedical Research here will include some new hires along with other researchers moving from Horsham, England, where Novartis is closing a respiratory diseases research site, and Emeryville, Calif., where it is shutting down a cancer research program.

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