Novartis Financial Results – Q3 2023

On October 24, 2023 Novartis reported a very strong quarter, with double-digit sales and core operating income growth leading to a further upgrade to 2023 guidance (Press release, Novartis, OCT 20, 2023, View Source [SID1234636263]). We have successfully executed the spin-off of Sandoz, allowing us to fully focus on high-value innovative medicines. Our growth drivers, including Kesimpta, Entresto, Kisqali and Pluvicto, continue to perform well in the market. Our robust pipeline also continues to deliver, and we have achieved important innovation milestones for Pluvicto, iptacopan, remibrutinib and Lutathera. We are confident in our mid-term growth outlook and remain committed to creating value for our shareholders."

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