Novartis sees annual sales growth of 4% until 2026 -Breaking
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© Reuters. FILEPHOTO: This sign is located at the Novartis Institutes for BioMedical Research, Cambridge, Massachusetts. It was taken on June 16, 2021. REUTERS/Brian Snyder/File PhotoZURICH (Reuters), – Novartis, a Swiss pharmaceutical company, stated in a Thursday presentation that it is optimistic about reaching a core margin of innovative drugs in the upper 30s by 2026. The company also expects to grow its sales each year by 4% until then.
Novartis stated that it now has 20 assets under its control, with approval due by 2026. This could generate sales of at least 1$Billion.
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