New Novartis financial reports reflect restructuring

1 April 2016

Swiss pharma giant Novartis (NOVN: VX) has published updated 2015 segment financials taking into account the major restructuring which was announced in January.

Part of this restructuring was the company’s ophthalmic franchise moving from its underperforming ophthalmic Alcon division to its pharmaceuticals arm.

A portfolio of 19 mature products transferred from the pharmaceuticals unit to the Sandoz division, meanwhile.

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