• Net sales grew 2% (cc, -1% USD), as growth drivers more than offset Gleevec/Glivec impact
    • Cosentyx (USD 410 million, +136% cc) showing strong growth in all three indications
    • Entresto (USD 84 million) steadily growing with better access in US and EU
    • Gilenya (USD 722 million, +5% cc) grew mainly driven by volume
    • Excluding Gleevec/Glivec, Oncology grew +7% (cc) driven mainly by Promacta/Revolade, Jakavi, Tafinlar + Mekinist and Tasigna
  • Core[1] operating income down 5% (cc) due to generic erosion and increased investments, mainly …
  • Sandoz receives positive CHMP opinions for biosimilars rituximab and etanercept to treat immunological diseases.  Biosimilar rituximab also recommended to treat blood cancers
  • Comprehensive data packages, confirming Sandoz biosimilars rituximab and etanercept match their respective reference medicines, were the basis for CHMP decisions
  • Subject to EC** approval, Sandoz market leadership position extended as the only company to have five approved biosimilars in Europe1

Holzkirchen, April 21, 2017 – Sandoz …

  • Total investment of EUR 105 million in Prevalje site reinforces commitment to largest Sandoz business, Anti-Infectives, and single largest global product, broad-spectrum antibiotic amoxicillin-clavulanic acid.
  • The investment will bring 150 new jobs, more than doubling the number of employees at Prevalje over six years.
  • The project, scheduled for completion in 2019, will be the largest Novartis investment in Slovenia to date.

Prevalje, April 11, 2017 – A foundation stone for the new production plant for a broad- …