Novartis International AG Overview
Company Headquarters: Basel, Switzerland
Founded: 1966
Workforce: ~108,000
Company Working: Novartis International AG (Novartis) is engaged in the production of pharmaceutical drugs. It is a fully integrated life sciences company that provides research, product development, manufacturing, and distribution of products. It is an outstanding worldwide source of regenerative medicine technology, clinical research, education, and training for the constantly evolving healthcare industry. It ranks among the world’s top companies investing in research and development. It carries out research at Novartis locations and partner institutions worldwide: Cambridge, the US; Basel, Switzerland; East Hanover, US; Emeryville, US; and Shanghai, China. Sandoz, a Novartis division, is a global provider of generic pharmaceuticals and biosimilars.
Strategy
Novartis focuses on continuous innovations in pharmaceutical products. The company also continuously evaluates strategic opportunities to acquire companies, divisions, technologies, products, and rights through licenses, distribution agreements, investments, and acquisitions to grow the business. Its strategy is to use science-based innovation to deliver better patient outcomes. Its focus is to lead in growing areas of the healthcare sector.
