Novartis AG - Company Profile
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Novartis AG (Novartis) is a pharmaceutical company that is engaged in the research, development, manufacturing, distribution, marketing, and sale of innovative medicines. It offers a range of products in therapeutic areas such as cardiovascular, renal and metabolic, immunology, ophthalmology, respiratory, global health, neuroscience, and oncology. The company offers its products to pharmacists, private health systems, government agencies, physicians, hospitals, insurance groups, managed care providers, pharmacy benefit managers, and government-supported healthcare systems through brands such as Entresto, Cosentyx, Kesimpta, Kisqali, and Tasigna, among others, globally. It operates manufacturing facilities in the US, Switzerland, Austria, Slovenia, China, France, and Italy. Novartis is headquartered in Basel, Switzerland.
Novartis AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Generic Medicines and Biosimilars | Entresto |
| Pharmaceuticals: | Leqvio |
| Cancer | Vanrafia |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into an agreement to acquire Myricx Bio, a biotechnology company. |
| 2026 | Plans/Strategy | In May, the company announced its plans to close its Wehr, Germany production site by the end of 2028. |
| 2026 | Plans/Strategy | In April, the company announced its plans to open a new facility in Morrisville, North Carolina, the US. |
Competitor Comparison
| Key Parameters | Novartis AG | Johnson & Johnson | Eli Lilly and Co | Merck & Co Inc | Pfizer Inc |
|---|---|---|---|---|---|
| Headquarters | Switzerland | United States of America | United States of America | United States of America | United States of America |
| City | Basel | New Brunswick | Indianapolis | Rahway | New York City |
| State/Province | Basel-Stadt | New Jersey | Indiana | New Jersey | New York |
| No. of Employees | 75,267 | 138,200 | 50,605 | 75,000 | 75,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vasant Narasimhan, MD | Chief Executive Officer | Senior Management | 2018 | 50 |
| Mukul Mehta | Chief Financial Officer | Senior Management | 2026 | 53 |
| Shreeram Aradhye, MD | Chief Medical Officer; President - Global Drug Development | Senior Management | 2022 | 64 |
| Karen L. Hale | Chief Legal and Compliance Officer | Senior Management | 2025 | 58 |
| Robert Kowalski, PhD | Chief People & Organization Officer | Senior Management | 2021 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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