NVS
- Novartis AG
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Overview
Company Summary
Novartis AG is a multinational pharmaceutical company headquartered in Basel, Switzerland. The company operates in the healthcare sector, focusing on the research, development, manufacturing, and commercialization of a wide range of healthcare products, including prescription medications, generic drugs, over-the-counter medicines, and vaccines.
Novartis is known for its extensive portfolio of innovative pharmaceuticals and biotechnology products. These include treatments for various therapeutic areas such as oncology (cancer), cardiovascular diseases, immunology, ophthalmology, respiratory conditions, neurology, and more. The company invests heavily in research and development to discover new drugs and therapeutic solutions to address unmet medical needs.
In addition to pharmaceuticals, Novartis also has a division called Sandoz, focused on generic medicines. Sandoz aims to provide affordable alternatives to brand-name drugs after their patent exclusivity expires. This helps ensure access to essential medications for patients, especially in developing countries.
Novartis also has a dedicated vaccines division called Novartis Vaccines and Diagnostics, which develops and commercializes preventive vaccines for various diseases such as influenza, meningitis, hepatitis, and more. They work closely with government agencies, international organizations, and non-profit partners to support global vaccination programs.
Aside from its core pharmaceutical and healthcare business, Novartis has a strong commitment to sustainability and corporate citizenship. The company invests in environmental initiatives, promotes access to healthcare in underserved communities, and prioritizes ethical business practices.
In summary, Novartis AG is a global pharmaceutical company that specializes in the research, development, manufacturing, and commercialization of innovative pharmaceuticals, generic drugs, over-the-counter medicines, and vaccines, with a strong focus on therapeutic areas like oncology and immunology.