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Novartis delivers solid Q3 results, with strong growth in Innovative Medicines. Announces strategic review of Sandoz

Novartis delivers solid Q3 results, with strong growth in Innovative Medicines. Announces strategic review of Sandoz
novartis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novartis.com Daily Mail and Mail on Sunday newspapers.

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Novartis Pharma AG: Novartis delivered strong Q2 performance, driven by momentum of key growth brands. FY 2021 guidance unchanged.

Novartis Pharma AG: Novartis delivered strong Q2 performance, driven by momentum of key growth brands. FY 2021 guidance unchanged.
Net sales in Q2 grew +9% (cc¹, +14% USD):
Pharmaceuticals BU grew +12% (cc, +18% USD) with continued strong growth from
Entresto (+46% cc),
Oncology BU grew +7% (cc, +11% USD) driven by
Promacta/Revolade (+18% cc),
Sandoz grew +5% (cc, +11% USD) as the business is starting to stabilize
Excluding prior year forward purchasing de-stocking, we estimate Q2 net sales grew +5% (cc, +10% USD), Innovative Medicines grew +7% (cc, +11% USD) and Sandoz declined -1% (cc, + 6% USD)²
Q2 core¹ operating income grew +13% (cc, +18% USD) mainly driven by higher sales and favorable gross margin, partly offset by higher spend. Excluding prior year COVID-19 related forward purchasing de-stocking, we estimate core operating income increased +4% (cc, +10% USD) ....

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Global Cancer mTOR Inhibitors Market Research Report Analysis with Functional and Medical Analysis

Global Cancer mTOR Inhibitors Market Research Report Analysis with Functional and Medical Analysis
7Newswire
27 Apr 2021, 22:33 GMT+10
The Global Cancer mTOR Inhibitors Market Report offers an eclectic perceptive of the market, illuminating major facets that impact, affect, boost or hinder the market growth. It highlights how the global market has been performed and how it will be performing in the near future. The report also provides important insights into scope, establishment, profitability, maturity, and growth prospects.
The global Cancer mTOR Inhibitors market is likely to offer numerous opportunities driven by rapid technological developments all over the world. Cancer mTOR Inhibitors manufacturers are facing financial issues such as increasing production cost, which directly affects the final value of products/services. ....

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Global Cancer mTOR Inhibitors Market Research Report Analysis with Functional and Medical Analysis

Global Cancer mTOR Inhibitors Market Research Report Analysis with Functional and Medical Analysis
7Newswire
27 Apr 2021, 22:33 GMT+10
The Global Cancer mTOR Inhibitors Market Report offers an eclectic perceptive of the market, illuminating major facets that impact, affect, boost or hinder the market growth. It highlights how the global market has been performed and how it will be performing in the near future. The report also provides important insights into scope, establishment, profitability, maturity, and growth prospects.
The global Cancer mTOR Inhibitors market is likely to offer numerous opportunities driven by rapid technological developments all over the world. Cancer mTOR Inhibitors manufacturers are facing financial issues such as increasing production cost, which directly affects the final value of products/services. ....

Afinitor Disperz , Torisel Temsirolimus , Afinitor Votubia , Eli Lilly , Abraxis Bioscience , Semafore Pharmaceuticals , Celgene Corporation , Celator Pharmaceuticals , Global Cancer , Market Report , Rare Pediatric Brain , Market Competitive Assessment , Market Are , எலி லில்லி , செல்ஜீன் நிறுவனம் , உலகளாவிய புற்றுநோய் , சந்தை அறிக்கை , ரேர் குழந்தை மூளை , சந்தை உள்ளன ,

Novartis key growth drivers and launches continue momentum in Q1, maintaining confidence in growth. Group guidance for FY 2021 confirmed.

COVID-19 update
The COVID-19 situation continues to evolve and is taking differing courses across the multitude of geographies in which Novartis operates. We continue to take strong actions to help address the pandemic. Our primary concerns remain the health and safety of our associates and patients.
There continues to be COVID-19 related lockdowns and disruptions in several geographies negatively impacting demand, particularly: dermatology, ophthalmology, the breast cancer portfolio, Sandoz Retail and Anti-Infectives. For Sandoz, COVID-19 resulted in a historically weak cough and cold season and softened retail demand. At present, drug development operations are continuing with manageable disruptions (see the Innovation Review Section of the Condensed Interim Financial Report for further information), with our range of digital technologies allowing us to proactively manage our clinical trials portfolio and rapidly mitigate any disruptions. Our operations remain stable and ....

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