12
BUSINESS OVERVIEW

OPERATIONAL REVIEW


 

 

Novartis is a world leader in offering medicines to protect health, cure disease and improve well-being. Our goal is to discover, develop and successfully market innovative products to treat patients, ease suffering and enhance the quality of life.

Novartis is the only company with leadership positions in both patented and generic pharmaceuticals. We are strengthening our medicine-based portfolio, which is focused on strategic growth platforms in innovationdriven pharmaceuticals, high-quality and lowcost generics and leading self-medication OTC brands.

Novartis is currently organized into three Divisions:

Pharmaceuticals, which comprises our activities in innovative prescription drugs
Sandoz, which comprises our activities in generic prescription drugs
Consumer Health, which comprises our activities in OTC, Animal Health, Medical Nutrition, Gerber and CIBA Vision

A fourth Division – Vaccines & Diagnostics – is planned to be created after the acquisition of Chiron Corporation. This acquisition, which is expected to be completed during the first half of 2006, provides Novartis entry into the dynamic human vaccines market.


 

NOVARTIS GROUP BUSINESS REVIEW 2005