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Novartis First Half Net Profits up 29 Percent

Swiss pharmaceuticals giant Novartis posted Thursday a 29 percent increase in first-half net income, at $7.6 billion -- and unveiled its new chief financial officer.

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Novartis first half net profits up 29 percent

Swiss pharmaceuticals giant Novartis posted Thursday a 29 percent increase in first-half net income, at $7.6 billion -- and unveiled its new chief financial officer.

In the second quarter, the Basel-based company's sales increased by 12 percent to $14 billion.

·Zürich, Switzerland
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The Basel-based pharma giant can come up with figures that exceed all expectations. The CEO is wiping away that there are serious uncertainties, especially in the USA. Novartis CEO Vas Narasimhan. Image: keystoneThe Basel-based pharma giant can come up with figures that exceed all expectations.The CEO is wiping away that there are great uncertainties, especially in the USA.Pascal Michel Novartis CEO Vas Narasimhan has two favorite words, "strong…

·Zürich, Switzerland
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Handelszeitung broke the news in on Thursday, July 17, 2025.
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