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Novartis

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September 4, 2014
The bribery case in China and disappointing second-quarter results have put GlaxoSmithKline (GSK) in the headlines again. The pharmaceutical giant was initially reported to be looking to spin off its Consumer Healthcare division and make it a stand-alone company – but GSK quickly denied any such plans. Simon Steel, GSK’s spokesman, later stated that GSK […]
August 29, 2014
In April 2014, GlaxoSmithKline Plc and Novartis AG announced plans to create a consumer health joint venture to be completed in the first half of 2015. Their extensive global presence and range of top-selling consumer health brands have the potential to establish the partnership as the new industry leader. Pending approvals, the joint venture will […]
August 12, 2014
Google is investing its money in a product that has a noble cause. It is developing contact lenses that would help diabetics track their blood glucose levels, and possibly another application of “accommodative vision correction”. This means that instead of switching between reading glasses and regular glasses, these lenses would adjust based on the reading distance. In […]
April 23, 2014
In the midst of significant merger and acquisition speculation among the world leading pharmaceutical and consumer health companies, GlaxoSmithKline Plc (GSK) and Novartis AG made a deal to establish a joint venture that will create the largest consumer health operation worldwide*. The Deal GSK and Novartis traded over US$20 billion in assets on 22 April […]
July 26, 2002
The recent announcement by Novartis of its intention to sell off its health and functional food operations and focus on its core healthcare business has sparked interest across the food and beverage industry. The divestment of brands “whose growth can be accelerated in companies where there is a good strategic fit”, has resulted in a slew of potential suitors keen to snap up one or more brands for their own portfolios.

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