Novartis’ outgoing chief to forgo $78-million exit paySwiss shareholder rights groups had said the agreement should be scrapped after the size of the payoff was reported by a Swiss blog.
20 Feb, 2013, 05.55 AM IST
- IPR pulls India behind China in pharma
In November 2009, Novartis global chairman Daniel Vasella said India does not have a conducive intellectual property environment to make in...
19 Nov, 2010, 07.25 AM IST
- Novartis looks to buy out Alcon for $38.5 bn
Drug maker Novartis AG said Monday it plans to take over Alcon Inc. by paying $38.5 billion for the 77 percent stake.
04 Jan, 2010, 07.05 PM IST
- 'Corporations need to work with govt'
PepsiCo's Indra Nooyi and Novartis' Daniel Vasella discuss challenges before post-crisis 21st century corporations.
24 Nov, 2009, 01.28 AM IST
- Novartis puts R&D activities in India on hold
MUMBAI: Frustrated with patent challenges, Swiss-pharma giant Novartis has put its research and development (R&D) activities in India on th...
12 Nov, 2009, 12.49 AM IST
- Novartis posts 10 pc drop in Q2 net profit
Novartis AG posted 10 percent drop in second quarter net profit due to shifts in currency values and higher financing costs, but said under...
16 Jul, 2009, 03.04 PM IST
- Novartis posts 32% rise in Q3 net profit
Drug maker Novartis AG on Monday reported a 32-percent rise in net profit for the third quarter due to strong sales and the positive impact...
20 Oct, 2008, 10.08 PM IST
- Novartis posts 7% rise in Q1 net profit
Pharmaceuticals maker Novartis AG reported a 7 percent rise in first-quarter net income on Monday on the back of a declining dollar and sol...
21 Apr, 2008, 11.19 PM IST
- Novartis to cut 2,500 jobs worldwide by 2010
Novartis AG will cut 2,500 jobs worldwide by 2010 in an attempt to save $1.6 bn, the drugmaker said in becoming the latest major pharmaceut...
13 Dec, 2007, 09.17 PM IST
- Novartis HQ silent, MSF expresses relief
Novartis headquarters in Basel is still digesting the rejection of pharma giant’s appeal in the Madras High Court. A press release from Nov...
07 Aug, 2007, 10.39 AM IST
- World opinion was against Novartis
The news that the Madras High Court has rejected the appeal by the Swiss pharma giant Novartis challenging the constitutionality of section...
07 Aug, 2007, 01.31 AM IST
- Novartis eyes share buy backs
When asked whether Novartis was interested in buying U.S. biotechnology firm MedImmune , Vasella said biotech firms were "on our radar scre...
14 Apr, 2007, 12.00 PM IST
- Nestle buys baby food biz off Novartis
Swiss food giant Nestle is buying the Gerber baby food business off pharma major Novartis for $5.5 bn.
12 Apr, 2007, 01.30 PM IST
- Novartis seeks EU MPs' support on patents case
The final hearings on the Novartis petition challenging the clause of the Indian Patent Act Amendment (2005), which does not accord patents...
23 Mar, 2007, 02.51 AM IST
- CPAA sends defamation notice to Novartis
Mumbai-based social group Cancer Patient Aids Association (CPAA) has sent a defamation notice to Swiss pharmaceutical giant Novartis AG cha...
30 Jan, 2007, 06.10 PM IST
- Activists delivers coffin to Novartis over Indian case
The groups said India's ability to manufacture low cost generic versions of newer medicines would be threatened if Norvatis won the suit.
30 Jan, 2007, 09.00 AM IST
- Pharma cos seek to clean up image
The global drugs industry, battered by controversy over drug safety and access to medicines, needs to go on the offensive to demonstrate it...
13 Oct, 2006, 01.59 AM IST