Thursday, 19 July 2012

New drugs shore up Novartis in Q2



FILE - This Oct. 25, 2011 file photo shows the logo of Swiss pharmaceutical company Novartis AG on one of their buildings in Basel, Switzerland. Novartis AG says Thursday, July 19, 2012 its net profit during the second quarter reached US dollar 2.73 billion. This is the same as for the previous year's quarter. Novartis says sales fell four percent to US dollar 14.3 billion from US dollar 14.92 billion in the second quarter of 2011. (AP Photo/Keystone, Georgios Kefalas, File). Swiss pharmaceutical company Novartis AG reported a net profit of $2.73 billion during the second quarter, as new drugs and acquisitions offset patent expirations, lower sales of generic medicines and the strengthening dollar.








via Health News Headlines - Yahoo! News Read More Here..

at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)