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Novartis First Half Net Profits up 29 Percent

Swiss pharmaceuticals giant Novartis posted Thursday a 29 percent increase in first-half net income, at $7.6 billion -- and unveiled its new chief financial officer.

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Novartis first half net profits up 29 percent

Swiss pharmaceuticals giant Novartis posted Thursday a 29 percent increase in first-half net income, at $7.6 billion -- and unveiled its new chief financial officer.

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In the second quarter, the Basel-based company's sales increased by 12 percent to $14 billion.

·Zürich, Switzerland
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Pharmaceutical giant Novartis has managed to significantly increase its revenue in the second quarter. The Basel-based group has raised its operating profit forecast.

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Handelszeitung broke the news in on Thursday, July 17, 2025.
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