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Transcript of NISHA j
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INTRODUCTION
Novartis based in Basel, Switzerland was created in 1996
through the merger of Ciba-Geigy and Sandoz, twocompanies with a rich and diverse corporate history.
Throughout the years, Novartis and its predecessor
companies have discovered and developed many
innovative products for patients and consumersworldwide.
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AIM
Novartis aims to change the practice of
medicine and innovation at novartis not only
means developing effective targeted
medicines quickly but also ensuring that these
medicines get to the patients who need them.
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INNOVATION AT NOVARTIS
Growing need for innovation in healthcare
Rapid aging of the population, greater access to healthcarein emerging markets and advances in science create
opportunities to enhance the lives of patients throughinnovation.
Healthcare innovation generally refers to the drugdiscovery and development process the translation of
fundamental science into new drugs, vaccines, devices anddiagnostic tests. This type of innovation requires significantinvestment and teams commanding specialized, yetcomplementary skills.
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Innovation at Novartis
Our strategy of focused diversification helps us tocapitalize on this changing healthcareenvironment while balancing risk. Novartis has
leading businesses in science-based, fast growingsegments of healthcare.
Novartis aims to change the practice of medicine,and innovation at Novartis not only means
developing effective, targeted medicines quickly,but also ensuring that these meet the need ofpeople .
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MISSION
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MISSION
We want to discover, develop and successfullymarket innovative products to prevent and curediseases, to ease suffering and to enhance the
quality of life. We also want to provide a shareholder return
that reflects outstanding performance and toadequately reward those who invest ideas and
work in our company.
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Healthcare portfolio
We believe our portfolio best meets the varied andoften complex needs of patients and societies. Novartisis positioned to lead in innovation, partner with othersand offer solutions to patients across a broadhealthcare spectrum. In addition, a diverse portfolioreduces financial risk, bringing greater value to thosewho invest in our company.
Our unique portfolio focuses on science-based
healthcare sectors that are growing rapidly, rewardinnovation, and enhance the lives of patients.
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KEYAREAS
Novartis is the only company with leading positions ineach of these key areas:
Pharmaceuticals: innovative patent-protectedmedicines
Alcon: global leader in eye care with surgical,ophthalmology and consumer products
Sandoz: affordable, high-quality generic medicines andbiosimilars
Consumer Health: self-medication products andtreatments for animals
Vaccines and Diagnostics: vaccines and diagnostictools to protect against life-threatening diseases
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Business strategy
Innovation is flourishing, bringing new effective treatmentsto patients. There are significant challenges, however, andthe healthcare environment is undergoing unprecedented
change. The world's population is aging. Better healthcare
treatments are needed, also prompting payors to managecosts aggressively. Advancing science and technology areenabling new drug discovery while increasing the cost of
innovation.E
conomic growth in emerging countries isproviding better healthcare access, but the poorest still lackbasic medicines. Changing lifestyles are leading to higherprevalence of chronic and degenerative diseases.
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PRODUCTS
Pharmaceuticals
Alcon (eye care)
Vaccines and Diagnostics
Over-the-Counter
Animal Health
Sandoz (generics)
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Pharmaceuticals
Innovating to treat disease more effectively
Their globalP
harmaceuticals portfolio includesmore than 60 key marketed products, many of
which are innovative leaders in their therapeutic
areas. In 2010 they received a total of 13 major
approvals and made 16 regulatory submissions inthe United States, Europe and Japan.
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Alcon (eye care)
Novartis proposes to complete purchase of majority ofstake in Alcon, followed by direct merger of alcon intonovartis.
Products to enhance, preserve and restore vision
Alcon's mission is to provide innovative products thatenhance quality of life by helping people see better.
Alcon's leadership in eye care is founded inpharmaceutical and surgical products as well as over-
the-counter ophthalmic products - including contactlens care - with differentiated technology, createdthrough dedicated research and development
The integration of CIBA Vision into Alcon adds acomprehensive contact lens and lens care business to
Alcon's current portfolio
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Sandoz (Generics)
Delivering affordable, high-quality medicines
Sandoz, the generic pharmaceuticals division ofNovartis, is a global industry leader, offeringaffordable, high-quality medicines to everyone,everywhere. It is the second-largest division of
Novartis.
2010 net sales - USD 8.5 billion
Number 3 in sale of Sandoz
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Over-the-Counter
Novartis OTC (Over-the-Counter) is a world leader in theresearch, development, production and marketing of self-medication products that do not require prescriptions. Ourproducts are designed for in-home treatment and prevention
of medical conditions and ailments to enhance health andimprove life every day.
Novartis OTC has a robust portfolio of cough, cold, respiratorydisease, digestive health and pain management medication as
well as analgesics, skin care products, smoking-cessationtreatments and mineral supplements
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Vaccines and Diagnostics
Preventing diseases with innovative products
The Novartis Vaccines and Diagnostics Divisionprovides more than 20 products to fight vaccine-preventable viral and bacterial diseases as well assophisticated instruments, assays and software to testdonated blood for infectious diseases before use intransfusions or other medical therapies.
The division consists of two businesses:
Novartis Vaccines ,Novartis Diagnostics
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Novartis Animal Health Products
Advancing animal healthcare
Novartis Animal Health is a leader indeveloping new and better ways to preventand treat diseases in pets, farm animals andcultivated fish. Our innovative, high-quality
medicines contribute to the quality of life,health and welfare of animals around theworld.
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Our culture
At Novartis, our performance-oriented culture andresponsible approach are the foundations of our success.We recognize that our business depends on the creativity,dedication and performance of our associates. We
encourage associates to focus on achievement throughcollaboration and innovation.
A global healthcare leader, Novartis has one of the mostexciting product pipelines in the industry today. A pipeline
of innovative medicines brought to life by diverse, talented,performance driven people. All of which makes us one ofthe most rewarding employers in our field.
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ASSOCIATES
With more than 1,15 ,000 associates in 140
countries worldwide, Novartis associates share a
vision ofa better today and tomorrow forpatients a vision that drives our growth andsuccess. The greatest job satisfaction for ourassociates is the knowledge that they improve
the quality of life for patients with increasingprecision and efficiency through breakthroughscience and innovation.
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Collaborations
The path from scientific breakthrough tosuccessful pharmaceutical brand depends onmobilizing the best global resources, expertise
and experience. At Novartis, we often achieve success
through close collaboration with partners whoshare a common vision and complementary
strengths. A key Novartis priority is to buildwinning collaborations in the research of newmedicines and vaccines.
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FOCUS
Our focus is on patients they are the reason
for what we do. During 2009 medicines and
vaccines from Novartis were used to treat and
protect more than 930 million people
worldwide, according to internal estimates.
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