Novartis AG

- Country
- 🇨🇭Switzerland
- Ownership
- Public, Private
- Established
- 1996-01-01
- Employees
- 76K
- Market Cap
- $242.6B
- Introduction
Novartis develops and manufactures innovative drugs. The firm's key areas of drug development include oncology, rare diseases, neuroscience, immunology, respiratory, cardio-metabolic, and established medicines. The company sells its products globally, with the United States comprising close to one third of total revenue.
Monte Rosa's AI-Powered Discovery Engine Expands Molecular Glue Degrader Target Space in Science Publication
Monte Rosa Therapeutics published groundbreaking research on the cover of Science magazine, demonstrating how their AI and machine learning technologies have dramatically expanded the targetable protein space for molecular glue degraders.
Quebec Expands Public Reimbursement of Pluvicto Radioligand Therapy for Advanced Prostate Cancer
Quebec implemented public reimbursement of Pluvicto (lutetium-177 vipivotide tetraxetan) as of July 2, 2025, for eligible patients with PSMA-positive metastatic castration-resistant prostate cancer.
Novartis' Cosentyx Fails to Meet Primary Endpoint in Phase III Giant Cell Arteritis Trial
Novartis announced that its Phase III GCAptAIN study of Cosentyx (secukinumab) failed to achieve sustained remission at Week 52 in adults with newly diagnosed or relapsing giant cell arteritis.
House Republicans Subpoena Former Pfizer Executive Over Alleged COVID-19 Vaccine Trial Delays
House Judiciary Committee subpoenaed former Pfizer executive Dr. Philip Dormitzer over allegations that senior Pfizer executives deliberately slowed COVID-19 vaccine clinical testing before the 2020 election.
FDA Mandates New Safety Warnings for ADHD Stimulants in Children Under Six
The FDA is revising labeling for all extended-release ADHD stimulants to include warnings about weight loss and adverse reactions in children under six years old.
AbbVie Acquires In Vivo CAR-T Developer Capstan Therapeutics for Up to $2.1 Billion
AbbVie has agreed to acquire cell therapy developer Capstan Therapeutics in a deal worth up to $2.1 billion in cash, gaining access to innovative in vivo CAR-T technology.
Federal Court Rejects Johnson & Johnson's 340B Drug Pricing Rebate Model
A federal court ruled against Johnson & Johnson's proposal to shift from upfront drug discounts to a rebate model in the 340B Drug Pricing Program, which requires pharmaceutical manufacturers to sell outpatient drugs at reduced prices to healthcare providers serving low-income and rural populations.
Torrent Pharma Advances $2.4 Billion Acquisition of JB Chemicals in Major Industry Consolidation Move
Torrent Pharma is in advanced talks with KKR to acquire JB Chemicals and Pharmaceuticals for approximately Rs 20,734.61 crore ($2.4 billion), marking its largest acquisition to date.
FDA Removes Regulatory Barriers for Bristol Myers Squibb's CAR T-Cell Therapies, Expanding Patient Access
The FDA eliminated Risk Evaluation and Mitigation Strategy (REMS) programs and reduced post-treatment monitoring from four weeks to two weeks for Bristol Myers Squibb's CAR T-cell therapies Breyanzi and Abecma.
Incyte Names Bill Meury as New CEO, Replacing 11-Year Veteran Hervé Hoppenot
Incyte has appointed Bill Meury as its new CEO, effective immediately, replacing Hervé Hoppenot who led the cancer and blood disease drugmaker for 11 years.