Home / Organizations / Novartis

Novartis

Novartis was created in 1996 through the merger of Ciba-Geigy and Sandoz and has a rich history spanning over 200 years. It was ranking number one in sales (57.9 billion US$) among the world-wide industry in 2013. In July 2015, Novartis had a market-cap of around $280 billion[3] making it the largest healthcare company by this metric. They have a talented and diverse workforce of more than 119 000 people of 150 nationalities.

Novartis focuses its business on three leading divisions with strong innovation power and global scale: pharmaceuticals, eye care and generics. These three leading divisions are supported by research organization, the Novartis Institutes for BioMedical Research (NIBR), and a centralized services group, Novartis Business Services, to facilitate collaboration across our divisions, and drive efficiency and productivity gains. They are expanding presence in the emerging markets of Asia, Africa and Latin America, where there is fast-growing demand for access to high-quality medicines and healthcare.

Product Portfolio:

  • Aclasta
  • Comtan
  • Diovan
  • Focalin
  • Galvus
  • Odomzo
  • Stalevo
  • Voltaren
  • Zometa and many more

Company Information

Type Public company AG
Traded as SIX: NOVN,
NYSE: NVS
BSE: 500672
Industry Pharmaceuticals
Founded 1996(from merger)
Founder NA
Headquarters Basel, Switzerland
Key people Joerg Reinhardt (Chairman), Joseph Jimenez (CEO)
Products Pharmaceuticals, generic drugs, over-the-counter drugs, vaccines, diagnostics, contact lenses, animal health
Revenue US $57.9 billion (2013)
Net income US $12.533 billion (2013)
Number of employees 135,696 (2013)
Subsidiaries Ciba Vision, Sandoz, Alcon, Chiron Corporation
Website www.novartis.com

Check Also

Valeant Pharmaceuticals

Valeant Pharmaceuticals is a publicly traded pharmaceutical company based in Montreal, Canada. The company has …