Salem Radio Network News Thursday, January 27, 2022

Business

Novartis sees annual sales growth of 4% until 2026

ZURICH (Reuters) – Swiss drugmaker Novartis is confident to reach a core margin in innovative medicines in the high 30s by 2026 and grow sales by 4% each year until the end of that period, the company said in a presentation on Thursday.

Novartis added it had up to 20 assets in its pipeline with approval expected by 2026 that had the potential to generate at least 1$ billion in sales.

(Reporting by Silke Koltrowitz; Editing by Zuzanna Szymanska)

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