GROUP REVIEW

1


OUR MISSION

We want to discover, develop and successfully market innovative products to cure diseases, to ease suffering and to enhance the quality of life.

We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest ideas and work in our company.

 

 

CONTENTS

 

NOVARTIS GROUP BUSINESS REVIEW
 


GROUP REVIEW

2FINANCIAL HIGHLIGHTS
3NEWS
5LETTER FROM DANIEL VASELLA
 
OPERATIONAL REVIEW
12BUSINESS OVERVIEW:
 PHARMACEUTICALS
 SANDOZ
 CONSUMER HEALTH
22BUSINESS STORIES
 
CORPORATE CITIZENSHIP
48INTRODUCTION
57COMMITMENT TO PATIENTS
62COMMITMENT TO OUR PEOPLE
67COMMITMENT TO HEALTH,
 SAFETY AND ENVIRONMENT
74COMMITMENT TO ETHICAL
 BUSINESS CONDUCT
 
CORPORATE GOVERNANCE
79COMMITMENT TO CORPORATE
 GOVERNANCE
98BOARD OF DIRECTORS
104EXECUTIVE COMMITTEE
108BUSINESS UNIT HEADS

 

NOVARTIS GROUP FINANCIAL REPORT


111

CONTENTS
114OPERATING & FINANCIAL REVIEW
134EQUITY STRATEGY
136NOVARTIS GROUP CONSOLIDATED FINANCIAL STATEMENTS
198NOVARTIS AG FINANCIAL
 STATEMENTS

204

KEY DATES 2006
205CONTACT ADDRESSES
  
FRONT COVER: NURSE AND CHILD; JINKA HOSPITAL; JINKA, ETHIOPIA