Swiss pharma giant Novartis says 30 pipeline drugs with ‘significant potential' will drive long-term growth [Fortune]
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: Fortune
The Basel-based group, at the core of the Swiss pharmaceutical industry, said it now expects average annual sales growth to come in at around six percent for the 2023 to 2029 period, compared to a previous target of five percent. By rolling forward the date to 2024, the group said it expects an average annual growth rate of five percent for the period between 2024 and 2030. “Novartis has completed its transformation into a pure-play innovative medicines company, with deep expertise and capabilities across our core therapeutic areas and technology platforms,” indicated CEO Vas Narasimhan. “Our focus has allowed us to sharpen our commercial execution and increase our peak sales estimates for Cosentyx, Kisqali, Kesimpta, Pluvicto and Leqvio, and we have more than 15 submission-enabling readouts in the coming years to further bolster our growth profile,” he said. “Longer term, we've identified more than 30 assets in the pipeline with significant potential to rejuvenate our portfo
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NVS
Earnings
- 10/29/24 - Beat
NVS
Sec Filings
- 10/29/24 - Form 6-K
- 10/29/24 - Form 6-K
- 9/18/24 - Form 6-K
- NVS's page on the SEC website