Pharmaceuticals

Novartis

A Swiss pharmaceutical company focused on innovative prescription medicines in oncology, immunology, neuroscience and cardiovascular disease.

Ticker: NVSNYSE-listedSwitzerland
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What is Novartis?

Novartis, headquartered in Basel, Switzerland, develops, manufactures and markets prescription medicines, with a focus on oncology, immunology, neuroscience and cardiovascular disease. The company spun off its generics and biosimilars business, Sandoz, into an independent company, narrowing its focus to innovative branded medicines.

Why investors watch Novartis

Following the Sandoz separation, Novartis operates as a more focused innovative-medicine company. Investors watch its drug pipeline and approval timelines, along with the performance of its existing portfolio of branded prescription medicines.

Risks and volatility

As with other large pharmaceutical companies, Novartis faces patent expirations on key drugs, the inherent uncertainty of drug development and clinical trials, regulatory approval risk, and drug-pricing policy risk in major markets including the United States.

Long-term investing considerations

A more focused drug portfolio can mean higher dependence on fewer therapeutic areas succeeding. When testing long-term scenarios for a pharmaceutical holding, consider a range of pipeline and growth outcomes rather than a single optimistic case.

Company snapshot

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Fundamentals

Key financials

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