Novartis ups guidance after positive second quarter

18 July 2024

Swiss pharma giant Novartis (NOVN: VX) has reported an impressive second quarter 2024, with net sales increasing by 11% and core operating income rising by 19% to reach $5 billion.

With growth primarily driven by higher net sales, core earnings per share (EPS) rose 21% to $1.97.

Recent periods have seen Novartis make significant strategic moves, including a collaboration with Voyager Therapeutics (Nasdaq: VYGR).

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