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Ciba Geigy

Novartis International AG
Public company AG
Traded as SIXNOVN,
NVS
(A Subsidiary - Novartis India Ltd.)
ISIN CH0012005267
Industry Pharmaceuticals
Founded 1996; 21 years ago (1996)
(from merger)
Headquarters Basel, Switzerland
Area served
Worldwide
Key people
Joerg Reinhardt (Chairman), Joseph Jimenez (CEO)
Products Pharmaceuticals, generic drugs, over-the-counter drugs, vaccines, diagnostics, contact lenses, animal health (list...)
Revenue DecreaseUS$48.518 billion (2016)
DecreaseUS$8.268 billion (2016)
DecreaseUS$6.698 billion (2016)
Total assets DecreaseUS$130.12 billion (2016)
Total equity DecreaseUS$74.891 billion (2016)
Number of employees
118,700 (2015)
Subsidiaries Ciba Vision, Sandoz, Alcon, Chiron Corporation
Website www.novartis.com

Novartis International AG is a Swiss multinational pharmaceutical company based in Basel, Switzerland. It is one of the largest pharmaceutical companies by both market cap and sales.

Novartis manufactures the drugs clozapine (Clozaril), diclofenac (Voltaren), carbamazepine (Tegretol), valsartan (Diovan) and imatinib mesylate (Gleevec/Glivec). Additional agents include ciclosporin (Neoral/Sandimmun), letrozole (Femara), methylphenidate (Ritalin), terbinafine (Lamisil), and others.

In 1996, Ciba-Geigy merged with Sandoz; the pharmaceutical and agrochemical divisions of both companies formed Novartis as an independent entity. Other Ciba-Geigy and Sandoz businesses were sold, or, like Ciba Specialty Chemicals, spun off as independent companies. The Sandoz brand disappeared for three years, but was revived in 2003 when Novartis consolidated its generic drugs businesses into a single subsidiary and named it Sandoz. Novartis divested its agrochemical and genetically modified crops business in 2000 with the spinout of Syngenta in partnership with AstraZeneca, which also divested its agrochemical business.

Novartis is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), and the Pharmaceutical Research and Manufacturers of America (PhRMA).


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