Novartis announces portfolio transformation, focusing company on leading businesses with innovation power and global scale: Pharmaceuticals, Eye Care and Generics

  • Acquires GSK oncology products, strengthening Novartis’ leading Oncology business with novel therapies and becomes GSK’s preferred commercialization partner for its oncology pipeline
  • Combines Novartis OTC with GSK’s consumer business in a joint venture, creating a world-leading consumer healthcare business and maintaining Novartis’ presence in in this sector
  • Divests Vaccines business (excluding flu) to GSK, creating a global leader in vaccines
  • In a separate transaction, divests Novartis Animal Health to Lilly

Transactions improve Novartis’ …

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Novartis announces portfolio transformation, focusing company on leading businesses with innovation power and global scale: Pharmaceuticals, Eye Care and Generics

  • Acquires GSK oncology products, strengthening Novartis’ leading Oncology business with novel therapies and becomes GSK’s preferred commercialization partner for its oncology pipeline
  • Combines Novartis OTC with GSK’s consumer business in a joint venture, creating a world-leading consumer healthcare business and maintaining Novartis’ presence in in this sector
  • Divests Vaccines business (excluding flu) to GSK, creating a global leader in vaccines
  • In a separate transaction, divests Novartis Animal Health to Lilly

Transactions improve Novartis’ …

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