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Novartis News

13 Aug 2021

WHO trial to study potential of 3 anti-malarial drugs against COVID-19

Artesunate will be administered to Covid-19 patients intravenously for seven days Imatinib will be given once daily for 14 days Infliximab will be injected in one single dose

09 Apr 2018

Novartis to buy US gene therapy group AveXis for $8.7 billion

It said the all-cash deal was approved unanimously by the boards of both firms.

GlaxoSmithKline

27 Mar 2018

GSK buys Novartis stake in consumer healthcare venture for $13 billion

The deal is set to complete in the second quarter subject to the necessary approvals.

30 Aug 2017

US approves first gene therapy for cancer

Gene therapy is a treatment that uses a patient`s own immune cells to fight leukemia.

22 Dec 2016

Sun Pharma to acquire oncology product from Novartis for $175 million

Drug major Sun Pharmaceutical Industries on Thursday said it it will acquire a branded oncology product, Odomzo, from Novartis for an upfront payment of USD 175 million.

03 Apr 2016

Sniff your way to `slimmer` you with `love hormone` spray

Results in 10 overweight and obese men suggest that one way oxytocin lowers food intake might be by improving self-control, said co-investigator Franziska Plessow of the Massachusetts General Hospital, Boston.

10 Dec 2015

NeoBiocon to sell anti-diabetic drug in UAE

Vildagliptin is available as monotherapy and in combination with metformin. Both the drugs commands over 30 percent of the DPP-IV market in the UAE.

09 Dec 2015

Antim Baazi: NeoBiocon Partners with Novartis

21 Nov 2015

US fines Novartis $390 million over pharmacy kickbacks

Novartis admitted that it gave specialty pharmacies exceptional rebates and patient referrals in exchange for recommending Exjade.

28 Aug 2015

Novartis India gets FIPB nod to sell OTC biz to GSK CPL

The Foreign Investment Promotion Board (FIPB) has approved the proposal made by GSK CPL to acquire the company's OTC division, Novartis India said in a BSE filing.

06 May 2015

New-look GSK bets on consumer health spending

GSK predicted on Wednesday its consumer health sales would grow at a mid-single-digit compound annual rate over the next five years, slightly ahead of overall company sales.

Swiss drugmaker

23 Apr 2015

Novartis warns of currency drag on 2015 earnings

Swiss drugmaker Novartis on Thursday posted declining sales in the first quarter and cautioned that dollar strength may be a bigger-than-expected drag on full-year figures.

GlaxoSmithKline Pharmaceuticals

12 Feb 2015

GSK Pharma to transfer cancer drug portfolio to Novartis arm

GlaxoSmithKline Pharmaceuticals board on Thursday approved transfer of its cancer drugs portfolio to an arm of Novartis in India in return for acquiring vaccines portfolio as part of a global deal between the two-multinational pharma giants struck last year.

04 Feb 2015

Novartis Q3 net loss at Rs 1.18 crore

Drug firm Novartis India Ltd on Wednesday reported a net loss of Rs 1.18 crore for the third quarter ended December 31, 2014.

28 Jan 2015

EU puts conditions on deals involving Novartis, GSK

The European Union on Wednesday approved mega deals involving drugmakers Novartis of Switzerland and GlaxoSmithKline of Britain, provided they sell off assets in the vaccines and consumer health businesses.

Swiss pharmaceuticals

27 Jan 2015

Novartis profits jump 12% on new drug sales

Swiss pharmaceuticals giant Novartis said Tuesday strong sales of new products helped push its net profit up 12 percent last year despite harsh competition from cheaper copycat generic drugs.

09 Jan 2015

HC order 'disappointing', says Cipla

Drug maker Cipla Friday expressed disappointment over the Delhi High Court order that restrained the company from manufacturing and selling any medicine containing 'Indacaterol', saying that the interim verdict would deny patients access to drugs they need.

24 Dec 2014

Novartis shares up nearly 2% at close

Surrendering most of early gains in-line with a weak stock market, shares of Novartis India ended nearly 2 percent higher Wednesday, a day after fair trade regulator CCI approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc and Novartis.

GlaxoSmithKline PLC

23 Dec 2014

CCI clears multi-billion Novartis-GSK pharma deal

Fair trade regulator CCI has approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc and Novartis, as it did not find the transaction to be anti-competitive ion India.

17 Dec 2014

HC reserves order on Novartis-Cipla drug dispute

The Delhi High Court has reserved its verdict on a dispute between pharma firms Novartis and Cipla over manufacturing of the drug Indacaterol, used for treatment of chronic obstructive pulmonary disease.

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