CINXE.COM

With yearslong reorganization behind it, Novartis increases its sales guidance

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The company raised its sales guidance through 2028 and now expects to grow sales at a 6% annual rate, as opposed to its previous expected growth rate of 5%." /><meta property="og:title" content="With yearslong reorganization behind it, Novartis increases its sales guidance" /><meta property="og:url" content="https://endpts.com/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance/" /><meta property="og:site_name" content="Endpoints News" /><meta property="og:type" content="article" /><meta property="og:article:section" content="Business & Health" /><meta name="twitter:card" content="summary_large_image"><meta name="twitter:site" content="@endpts"><meta name="googlebot" content="noarchive"><script type="application/ld+json" data-type="articleSchema">{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"With yearslong reorganization behind it, Novartis increases its sales guidance","image":"https:\/\/endpts.com\/wp-content\/uploads\/2024\/01\/Vas-Narasimhan-Novartis-Getty-social1.jpg","url":"https:\/\/endpts.com\/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance\/","copyrightYear":"2024","keywords":["Pharma","Novartis","Kisqali","Cosentyx","Pharmaceutical manufacturing","Harry Kirsch","Radioligand therapy","Pluvicto","Pharmaceutical reorganization","Kesimpta","Leqvio","Prostate cancer treatment"],"datePublished":"2024-11-21T21:27:52+00:00","dateModified":"","author":[{"name":"Nicole DeFeudis","jobTitle":"Editor","url":"https:\/\/endpts.com\/author\/nicole-defeudis\/","@type":"Person","image":"https:\/\/endpts.com\/wp-content\/uploads\/2020\/07\/nicole-defeudis.jpg"}],"publisher":{"@type":"Organization","name":"Endpoints News","url":"https:\/\/endpts.com","sameAs":["https:\/\/twitter.com\/endpts","https:\/\/www.linkedin.com\/company\/endpoints\/","https:\/\/facebook.com\/endpoints"],"logo":{"@type":"imageObject","url":"https:\/\/endpts.com\/wp-content\/themes\/endpoints-rakia\/assets\/images\/endpoints_news.png"},"foundingDate":"2016-06-20"},"copyrightHolder":{"@type":"Organization","name":"Endpoints News","url":"https:\/\/endpts.com","sameAs":["https:\/\/twitter.com\/endpts","https:\/\/www.linkedin.com\/company\/endpoints\/","https:\/\/facebook.com\/endpoints"],"logo":{"@type":"imageObject","url":"https:\/\/endpts.com\/wp-content\/themes\/endpoints-rakia\/assets\/images\/endpoints_news.png"},"foundingDate":"2016-06-20"},"mainEntityOfPage":"https:\/\/endpts.com\/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance\/","articleSection":["Pharma"],"description":"Novartis\u2019 reorganization is paying off, CEO Vas Narasimhan told investors at an event Thursday in London. The company raised its sales guidance through 2028 and now expects to grow sales at a 6% annual rate, as opposed to its previous expected growth rate of 5%.","articleBody":"Novartis\u2019 reorganization is paying off, CEO Vas Narasimhan told investors at an event Thursday in London.\n The company raised its sales guidance through 2028 and \u2026","isAccessibleForFree":"False","hasPart":{"isAccessibleForFree":"False","@type":"WebPageElement"}}</script> <script async src="https://www.googletagmanager.com/gtag/js?id=G-9QWNX9N9E5"></script> <script> window.dataLayer = window.dataLayer || []; function gtag() { dataLayer.push(arguments); } gtag('js', new Date()); gtag('set', 'user_properties', { user_type: 'Guest', }); gtag('config', 'G-9QWNX9N9E5'); window._linkedin_data_partner_ids = window._linkedin_data_partner_ids || []; window._linkedin_data_partner_ids.push(2273916); window._linkedin_data_partner_ids.push(5136028); (function (l) { if (!l) { window.lintrk = function (a, b) { 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class="epn_image"> <img loading="lazy" src="https://endpts.com/wp-content/uploads/2024/01/GettyImages-1771552896-scaled.jpg"> <div class="epn_description"><span>Vas Narasimhan, Novartis CEO (Akio Kon/Bloomberg via Getty Images)</span></div> </div> <div class="epn_text"> <div class="epn_byline"> <div class="epn_social"> <span data-link="https://endpts.com/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance/" data-container="body" data-toggle="popover" data-placement="left" data-content="Copied!" class="epn_byline_share"></span> <a href="http://www.linkedin.com/shareArticle?mini=true&url=https://endpts.com/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance/&title=With%20yearslong%20reorganization%20behind%20it%2C%20Novartis%20increases%20its%20sales%20guidance&source=https://endpts.com/" title="Share on LinkedIn" class="epn_byline_linkedin" rel="nofollow noopener" target="_blank"></a> <a href="https://twitter.com/intent/tweet?text=With%20yearslong%20reorganization%20behind%20it%2C%20Novartis%20increases%20its%20sales%20guidance - https://endpts.com/with-yearslong-reorganization-behind-it-novartis-increases-its-sales-guidance/" title="Share on Twitter" class="epn_byline_twitter" rel="nofollow noopener" target="_blank"></a> </div> <div class="epn_time">November 21, 2024 04:27 PM EST</div> <div class="epn_channel channel-pharma"><a href="https://endpts.com/channel/pharma/" title="Channel: Pharma"><span>Pharma</span></a></div> </div> <h1>With years&shy;long re&shy;or&shy;ga&shy;ni&shy;za&shy;tion be&shy;hind it, No&shy;var&shy;tis in&shy;creas&shy;es its sales guid&shy;ance</h1> <div class="epn_author_box byline_author"> <div class="single_byline_author"> <div class="epn_image" style="background-image: url('https://endpts.com/wp-content/uploads/2020/07/nicole-defeudis.jpg');"></div> <div class="epn_text"> <h3><a href="https://endpts.com/author/nicole-defeudis/" title="See all stories by Nicole DeFeudis">Nicole DeFeudis</a></h3> <h4>Editor</h4> </div> </div> </div> <div class="epn_content"> <p>No&shy;var&shy;tis&rsquo; re&shy;or&shy;ga&shy;ni&shy;za&shy;tion is pay&shy;ing off, CEO Vas Narasimhan told in&shy;vestors at an event Thurs&shy;day in Lon&shy;don.</p> <p> The com&shy;pa&shy;ny raised its sales guid&shy;ance through 2028 and &hellip;</p> <div class="epn_limit" data-gt="r"> <img loading="lazy" src="https://endpts.com/wp-content/themes/endpoints-rakia/assets/svg/epn_logo.svg" alt="Endpoints News"> <h3>Sign up to read this article for free.</h3> <p>Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox.</p> <div class="epn_cta"> <button type="button" class="epn_ux_button epn_more epn_gate_sign_up_button" data-toggle="modal" data-target="#epn_subscribe_modal">SIGN UP</button> <button type="button" class="epn_ux_button epn_more epn_gate_log_in_button" data-toggle="modal" 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