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Companies $NVS
$153.81 +$2.69 (1.78%) Close
Novartis AG logo

Novartis AG

novartis.com

What Do They Do?

Sells prescription medicines for patients with a range of diseases, primarily to wholesalers, healthcare systems and public or private healthcare payers.

Who Are Their Customers?

Novartis sells mainly to drug wholesalers and retailers, alongside health systems and public or private healthcare payers. Its representatives also reach physicians, pharmacists, hospitals and other health professionals.

Customers above 10% of revenue, FY2024
of revenue from three customers (17%, 13%, 7%)
FY2023: 36% from three customers

Do Revenues Turn Into Profits?

Yes. It kept 25 cents of every revenue dollar as net income in .

Operating income,
33% of revenue
▲ +14% vs ($16.3B, 32%)
Net income,
25% of revenue
▲ +17% vs ($11.9B, 23%)

How Are They Changing?

Portfolio description The older report described both pharmaceuticals and cost-saving generic medicines; the latest describes a company engaged in research, development, manufacturing, distribution, marketing and sale of pharmaceutical products.

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