13 Facts About Novartis

1. In 2007, Novartis sold its non-core business divestments of the Gerber and Medical Nutrition Business Units to Nestle for $5.5 billion and $2.5 billion respectively.

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2. In 2003, Novartis acquired the worldwide adult medical nutrition business of Mead Johnson and Company, which is a subsidiary of Bristol-Myers Squibb, and US biotech Idenix Pharmaceuticals, expanding its antiviral medicines unit.

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3. On July 18, 1997, Novartis filed a new patent application in Switzerland on the beta crystalline form of imatinib mesylate.

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4. With the recent change in administration, Novartis believed that Michael Cohen could advise the company as to how the Trump administration might approach certain US healthcare policy matters, including the Affordable Care Act.

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5. In 2014, Novartis took a new turn by selling its vaccine business to GlaxoSmith Kline and in turn taking over their cancer drug business.

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6. Outside the US, Novartis markets the drug ranibizumab, which is a monoclonal antibody fragment derived from the same parent mouse antibody as bevacizumab (Avastin).

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7. In August 2018, Novartis signed a deal with Laekna-a Shanghai-based pharmaceutical company for its two clinical-stage cancer drugs.

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8. In October 2014, Novartis announced its intention to sell its influenza vaccine business, subject to regulatory approval, to CSL for $275 million.

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9. In January 2014, Novartis announced plans to cut 500 jobs from its pharmaceuticals division.

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10. In 2013, Novartis was sued again by the US government, this time for allegedly bribing doctors for a decade so that their patients are steered towards the company's drugs.

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11. In 2011, Novartis acquired the medical laboratory diagnostics company Genoptix to "serve as a strong foundation for our individualized treatment programs".

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12. In 2007, Novartis sold the Gerber Products Company to Nestle as part of its continuing effort to shed old Sandoz and Ciba-Geigy businesses and focus on healthcare.

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13. In 2012, Novartis ranked 7th on the Access to Medicine Index, which "ranks companies on how readily they make their products available to the world's poor.

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