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There can be no assurance that the strategic review of Novartis India Ltd will be completed in 2024, or that the outcome would result in the implementation of any transaction, it said. ....
The report comes a day after Novartis AG announced a strategic review of its India arm. The strategic review, the firm, said includes an assessment of the 70.68 per cent shareholding of Novartis AG in the company. ....
The board of directors at its meeting held on December 19, 2023 approved the execution of a trade mark licence agreement with Novartis Innovative Therapies AG, which is perpetual in nature for the Indian market, for a portfolio of select ophthalmology brands which will be effective in January 2027, JB Pharma said in a regulatory filing. ....