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Thursday, 06 February 2025
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US$50B proof Novartis is on track

Posted 4 February 2025 AM

Novartis appears to have pulled off its shift to a 'pure-play' strategy generating net sales of US$50.3 billion in 2024 - one of the company's best earnings in recent years.

In 2023, the company completed a long-term restructuring process that saw it integrate its pharmaceuticals and oncology business units into an innovative medicines unit, and focus on five therapeutic areas: cardiovascular, immunology, neuroscience, solid tumours and haematology.

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