CONSUMER
HEALTH Driving growth through focus on strategic brands
and the needs of customers and consumers. Net sales climb
8% (+8%lc) to USD 7.3 billion, driven by strong performance in OTC, in part from
the acquisition of the North American OTC business of Bristol-Myers Squibb in
2005. Operating income rises 5% to USD 1.1 billion, based on investments in strategic
brands and acquisition-related costs. OTC, ranked the “Best
European OTC Company of the Year” for the second consecutive year, expands US
presence through BMS acquisition in US, including well-known Excedrin® to enter
the analgesics market. Animal Health benefiting from the
strong performance of companion animal brands as well as the rejuvenation of established
brands for farm animals. Strong sales growth in Medical Nutrition
outpacing the market in all regions, especially Asia and Latin America. Gerber,
the leading baby nutrition company in the Americas, driving growth with launch
of innovative toddler products in the US. CIBA Vision continues
successful global launch of O2OPTIX contact lens. |