Novartis profits up 12%
22 August 2000
Novartis profits up 12%
By FWi staff
LIFE sciences giant Novartis has announced a first half net profit increase of 12% increase to 4.2bn Swiss francs (1.6bn), reports the Daily Express.
This was achieved through sales of new drugs.
Novartis is on course to demerge its agrochemicals unit by combining it with AstraZenecas farm unit to form a new company, Syngenta.
- Brussels clears agrochem merger, FWi, 27 July 2000
- EC to probe Syngenta deal, FWi, 20 March 2000
- Novartis and AstraZeneca to merge, FWi, 02 December 1999
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